S. 4588In Committee
Taxing Buybacks from Big Oil Windfalls Act
Imposes taxes on stock buybacks tied to large oil company windfall profits
Plain-English overview
What this bill does
Imposes taxes on stock buybacks tied to large oil company windfall profits
Key points
- Impose taxes on stock buybacks
Current status
Where it stands
Status
In Committee
Latest action
2026-05-20 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedTaxation