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 until the President declares that all hostilities with Iran have ceased, the Strait of Hormuz is fully reopened, and the price of oil drops below $75 per barrel.
26 U.S.C. Chapters 65
and
98 31 U.S.C. 1324
and
1324
Document Citations
Citations are generated automatically from bibliographic data
as a convenience and may not be complete or accurate.
Chicago
U.S. Congress. House. Iran War Oil Crisis Windfall Profits Tax Act. H.R. 8803. 119th
Cong., 2nd
sess., Introduced in House May 13, 2026. https://www.govinfo.gov/app/details/BILLS-119hr8803ih.
APA
Congress, House of Representatives (2026, May 13). Iran War Oil Crisis Windfall Profits Tax Act (H.R. 8803 (IH)). Retrieved from https://www.govinfo.gov/app/details/BILLS-119hr8803ih.
MLA
United States, Congress, House of Representatives. Iran War Oil Crisis Windfall Profits Tax Act. U.S. Government Publishing Office, https://www.govinfo.gov/app/details/BILLS-119hr8803ih. 119th Congress, H.R. 8803, Introduced in House 13 May. 2026.
Bluebook
H.R.8803 - 119th Congress (2025-2026): Iran War Oil Crisis Windfall Profits Tax Act, H.R.8803, 119th Cong. (2026), https://www.govinfo.gov/app/details/BILLS-119hr8803ih.
