HR 8803
  • Introduced
    May 13, 2026
  • Passed House
  • Passed Senate
  • Became Law
HR 8803
United States House Bill
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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 until the President declares that all hostilities with Iran have ceased, the Strait of Hormuz is fully reopened, and the price of oil drops below $75 per barrel.
Last Action See all actions
House • May 13, 2026: Referred to the House Committee on Ways and Means.

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  • May 13, 2026 | House
    • Introduced in House
    • Referred to the House Committee on Ways and Means.
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