Content Details
S. 4111 (IS) - Big Oil Windfall Profits Tax Act
- Category
- Bills and Statutes
- Collection
- Congressional Bills
- SuDoc Class Number
- Y 1.6:
Y 1.4/1:
- Congress Number
- 119th Congress
- Congress Session
- 2nd Session
- Last Action Date Listed
- March 17, 2026
- Action
- Mr. Whitehouse (for himself, Ms. Baldwin, Mr. Blumenthal, Mr. Booker, Mr. Kaine, Mr. Markey, Mr. Merkley, Mr. Murphy, Mr. Reed, Mr. Sanders, Ms. Smith, and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Finance
- Bill Number
- S. 4111
- Bill Version
- Introduced in Senate (IS)
- Short Title
- Big Oil Windfall Profits Tax Act
- Full Title
- 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.
- Sponsors
- Sheldon Whitehouse(RI)
- Cosponsors
- Tammy Baldwin (WI); Richard Blumenthal (CT); Cory A. Booker (NJ); Tim Kaine (VA); Edward J. Markey (MA); Jeff Merkley (OR); Christopher Murphy (CT); Jack Reed (RI); Bernard Sanders (VT); Tina Smith (MN); Elizabeth Warren (MA)
- Committees
- Committee on Finance (Standing)
- United States Code References
- 26 U.S.C. Chapters 65
and
98
31 U.S.C. 1324 and 1324
- Sponsor:
- Whitehouse, Sheldon
- Committee Assignment:
- Senate Committee on Finance
| Version | Links related document details | |
|---|---|---|
| 03/17/2026 | Introduced in Senate (is) | details |
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