S 5569 · 119th CongressIn Committeecongress.gov ↗

Oil Company Windfall Profits Tax Act of 2026

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to propose a special tax on oil companies when they make very large profits, sometimes called "windfall profits." No official summary is available for this bill.

Sponsor

Sen. Schiff, Adam B. [D-CA]

D

Introduced

September 28, 2026

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