S. 4111In Committee

Big Oil Windfall Profits Tax Act

Imposes a windfall profits tax on large oil companies to capture extraordinary petroleum industry profits

What this bill does

Imposes a windfall profits tax on large oil companies to capture extraordinary petroleum industry profits

Key points
  • Impose windfall profits tax

Where it stands

Status
In Committee
Latest action
2026-03-17Read twice and referred to the Committee on Finance.

Topics and policy areas

undefinedTaxation