U.S. Senate · 117th Congress · S. 4768
Taxing Big Oil Profiteers Act
A bill to amend the Internal Revenue Code of 1986 to tax excess profits of large oil and gas companies, to impose a tax on the repurchase of stock by large oil and gas companies, to end the use of the LIFO method of accounting by large oil and gas trades or businesses, and for other purposes.
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- Sponsor
- Ron WydenD-OR
- Introduced
- August 4, 2022, in the Senate
- Issue areas
- Policy area
- Taxation (from the Congressional Research Service)
- Full text and actions
- congress.gov
Votes on this bill (0)
Neither the House nor the Senate has held a roll-call vote on this bill.
Cosponsors (13)
13 Democrats. Each member is shown with the party they were counted with on the day they signed on. How we count these
Original cosponsors
- Richard BlumenthalD-CT
- Cory A. BookerD-NJ
- Robert P. Casey, Jr.D-PA
- Dianne FeinsteinD-CA
- Mazie K. HironoD-HI
- Amy KlobucharD-MN
- Patty MurrayD-WA
- Alex PadillaD-CA
- Jack ReedD-RI
- Charles E. SchumerD-NY
- Debbie StabenowD-MI
- Chris Van HollenD-MD
- Raphael G. WarnockD-GA