Bill119th Congress
H.R. 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.
Introduced
Mar 17, 2026
Origin Chamber
House
Latest Action
Mar 17, 2026
Latest Action
Referred to the House Committee on Ways and Means.
Sponsor
Rep. Khanna, Ro [D-CA-17]
Democrat·CA-17
Bioguide ID: K000389
First Name: Ro
Last Name: Khanna
By Request: N
4
Cosponsors
1
Committees
3
Actions
0
Amendments
0
Related Bills
0
Subjects
0
Summaries
2
Titles
0
Text Versions
Bill Details
- Update Date
- Apr 27, 2026
- Update Date (incl. Text)
- Mar 27, 2026
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 7,960
- Congress
- 119
- Introduced Date
- Mar 17, 2026
- Is Law
- No
Mar 17, 2026IntroReferralH11100
Referred to the House Committee on Ways and Means.
Source: House floor actions
Mar 17, 2026IntroReferralIntro-H
Introduced in House
Source: Library of Congress
Mar 17, 2026IntroReferral1000
Introduced in House
Source: Library of Congress
Ways and Means Committee
House· Standing