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119th Congress · House bill · Last action Mar 17, 2026
BillsTaxationH.R. 7960Congress.gov ↗
H.R. 7960In CommitteeTaxation

Big Oil Windfall Profits Tax Act

Sponsor: Rep. Khanna, Ro (D-CA)18 cosponsorsIntroduced Mar 17, 2026
In plain English

A plain-English summary isn’t available for this bill yet.

Where it is in the process

Introduced
Mar 17
House committee
Mar 17
3
House floor
-
4
Senate
-
5
Signed
-
What happens next: Sits in committee. Needs a markup or favorable report to advance to the House floor.

Sponsor

Cosponsors (18)

SR
RR
RR
MR
GR
AR
JR
+11
All Democratic.

Activity timeline

Mar 17
Mar 17
Referred to the House Committee on Ways and Means.
Mar 17
Mar 17
Introduced in House
Mar 17
Mar 17
Introduced in House
Read the bill text
Official text via Congress.gov. Opens in a new tab.
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Full action log

All 3 recorded actions since introduction · Source: Congress.gov
Mar 17
HOUSEReferred to the House Committee on Ways and Means.
Mar 17
Introduced in House
Mar 17
Introduced in House

All 18 cosponsors

18 Democrats · 0 Republicans
Democrats (18)
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