U.S. House · 119th Congress · H.R. 7960
Big Oil Windfall Profits Tax Act
To amend the Internal Revenue Code of 1986 to impose a windfall profits excise tax on crude oil and to rebate the tax collected back to individual taxpayers, and for other purposes.
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- Sponsor
- Ro KhannaD-CA-17
- Introduced
- March 17, 2026, in the House
- 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 (27)
27 Democrats. Each member is shown with the party they were counted with on the day they signed on. How we count these
Original cosponsors
- Seth MagazinerD-RI-2
- Rashida TlaibD-MI-12
Signed on later
- Rosa L. DeLauroD-CT-3March 18, 2026
- Mike QuigleyD-IL-5March 26, 2026
- Gabe AmoD-RI-1April 16, 2026
- Al GreenD-TX-9April 30, 2026
- Jared HuffmanD-CA-2May 12, 2026
- Chellie PingreeD-ME-1May 14, 2026
- Pramila JayapalD-WA-7May 19, 2026
- Adelita S. GrijalvaD-AZ-7June 2, 2026
- Eleanor Holmes NortonD-DC-ALJune 2, 2026
- Brad ShermanD-CA-32June 3, 2026
- Greg CasarD-TX-35June 4, 2026
- James P. McGovernD-MA-2June 8, 2026
- Steve CohenD-TN-9June 10, 2026
- Zoe LofgrenD-CA-18June 15, 2026
- Becca BalintD-VT-ALJune 18, 2026
- Mark PocanD-WI-2June 18, 2026
- Janice D. SchakowskyD-IL-9June 23, 2026
- Analilia MejiaD-NJ-11July 2, 2026
- Jill N. TokudaD-HI-2July 2, 2026
- Betty McCollumD-MN-4July 13, 2026
- Lateefah SimonD-CA-12July 13, 2026
- Suzanne BonamiciD-OR-1July 15, 2026
- Yassamin AnsariD-AZ-3July 22, 2026
- Maxwell FrostD-FL-10August 31, 2026
- Summer L. LeeD-PA-12September 14, 2026