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HR 7960119th Congress

To amend the Internal Revenue Code of 1986 to impose a windfall profits excise t...

Introduced: 3/17/2026

Sponsor: Rep. Khanna, Ro [D-CA-17] (D-CA)3 cosponsors(3 D)

Bill Details

Bill Type

HRHouse Bill

Congress

119th Congress (2025–2026)

Introduced

March 17, 2026

Latest Action

Referred to the House Committee on Ways and Means. (3/17/2026)

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HR 7960: 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. - HowCongressVotes