Legis Daily

A bill 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.

USA119th CongressS-4111| Senate 
| Updated: 3/17/2026
Sheldon Whitehouse

Sheldon Whitehouse

Democratic Senator

Rhode Island

Cosponsors (11)
Edward J. Markey (Democratic)Jack Reed (Democratic)Elizabeth Warren (Democratic)Tim Kaine (Democratic)Christopher Murphy (Democratic)Tina Smith (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Timeline
Mar 17, 2026

Latest Companion Bill Action

HR 119-7960
Introduced in House
Mar 17, 2026
Introduced in Senate
Mar 17, 2026
Read twice and referred to the Committee on Finance.
  • March 17, 2026

    Latest Companion Bill Action

    HR 119-7960
    Introduced in House


  • March 17, 2026
    Introduced in Senate


  • March 17, 2026
    Read twice and referred to the Committee on Finance.

A bill 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.

USA119th CongressS-4111| Senate 
| Updated: 3/17/2026
Timeline
Mar 17, 2026

Latest Companion Bill Action

HR 119-7960
Introduced in House
Mar 17, 2026
Introduced in Senate
Mar 17, 2026
Read twice and referred to the Committee on Finance.
  • March 17, 2026

    Latest Companion Bill Action

    HR 119-7960
    Introduced in House


  • March 17, 2026
    Introduced in Senate


  • March 17, 2026
    Read twice and referred to the Committee on Finance.
Sheldon Whitehouse

Sheldon Whitehouse

Democratic Senator

Rhode Island

Cosponsors (11)
Edward J. Markey (Democratic)Jack Reed (Democratic)Elizabeth Warren (Democratic)Tim Kaine (Democratic)Christopher Murphy (Democratic)Tina Smith (Democratic)Bernard Sanders (Independent)Tammy Baldwin (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Richard Blumenthal (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted