US SB408 | 2023-2024 | 118th Congress
Status
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]
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]
Summary
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.
Title
Big Oil Windfall Profits Tax Act
Sponsors
Sen. Sheldon Whitehouse [D-RI] | Sen. Alex Padilla [D-CA] | Sen. Jeff Merkley [D-OR] | Sen. Sherrod Brown [D-OH] |
Sen. Robert Casey [D-PA] | Sen. Elizabeth Warren [D-MA] | Sen. Edward Markey [D-MA] | Sen. Richard Blumenthal [D-CT] |
Sen. Michael Bennet [D-CO] | Sen. Christopher Murphy [D-CT] | Sen. Tim Kaine [D-VA] | Sen. Raphael Warnock [D-GA] |
Sen. Tammy Baldwin [D-WI] | Sen. Cory Booker [D-NJ] | Sen. Debbie Stabenow [D-MI] | Sen. Bernard Sanders [I-VT] |
Sen. Jack Reed [D-RI] | Sen. Dianne Feinstein [D-CA] | Sen. Peter Welch [D-VT] |
History
Date | Chamber | Action |
---|---|---|
2023-02-14 | Senate | Read 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.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/118th-congress/senate-bill/408/all-info |
Text | https://www.congress.gov/118/bills/s408/BILLS-118s408is.pdf |