US SB408 | 2023-2024 | 118th Congress


Spectrum: Strong Partisan Bill (Democrat 18-1)
Status: Introduced on February 14 2023 - 25% progression
Action: 2023-02-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]


A bill 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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.


Big Oil Windfall Profits Tax Act



2023-02-14SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

HB1014 (Same As) 2023-02-14 - Referred to the House Committee on Ways and Means.


US Congress State Sources

Bill Comments