US HB1014 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Democrat 19-0)
Status: Introduced on February 14 2023 - 25% progression
Action: 2023-02-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 14 2023 - 25% progression
Action: 2023-02-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Big Oil Windfall Profits Tax Act
Sponsors
| Rep. Ro Khanna [D-CA] | Rep. Jerrold Nadler [D-NY] | Rep. Nanette Barragan [D-CA] | Rep. Mark Pocan [D-WI] |
| Rep. Jamaal Bowman [D-NY] | Rep. Mark Takano [D-CA] | Rep. Jared Huffman [D-CA] | Rep. Janice Schakowsky [D-IL] |
| Rep. Yvette Clarke [D-NY] | Rep. Cori Bush [D-MO] | Rep. Seth Magaziner [D-RI] | Rep. Dina Titus [D-NV] |
| Rep. Mike Levin [D-CA] | Rep. Rosa DeLauro [D-CT] | Rep. Steve Cohen [D-TN] | Rep. Greg Casar [D-TX] |
| Rep. Katie Porter [D-CA] | Rep. Daniel Goldman [D-NY] | Rep. James McGovern [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-14 | House | Referred to the House Committee on Ways and Means. |
| 2023-02-14 | House | Introduced in House |
Same As/Similar To
SB408 (Same As) 2023-02-14 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/1014/all-info |
| Text | https://www.congress.gov/118/bills/hr1014/BILLS-118hr1014ih.pdf |
