117th Congress · HOUSE BILLBILL

H.R. 7061 — 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.”

Taxation

Introduced Mar 11, 2022

Last action Mar 11, 2022

Pipeline · Bill → Law

Step 1

Introduced

Mar 11, 2022

Step 2

Referred

Mar 11, 2022

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryNo summary available

No CRS summary available for this bill.

Provisions · 4 sectionsIntroduced in House

Timeline · 2 actions

Mar 11, 2022

Introduced in House

Mar 11, 2022

Referred to the House Committee on Ways and Means.