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IntroducedMay 20, 2026
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Passed Senate
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Passed House
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Became Law
United States Senate Bill
A bill to amend the Internal Revenue Code of 1986 to increase the excise tax for the repurchase of corporate stock by large oil and gas companies.
Last Action See all actions
Senate • May 20, 2026: Read twice and referred to the Committee on Finance.
Summary
Comments on S 4588
Tweets
Whip Lists
Sponsors



- Sen. Welch, Petercosponsor
- Sen. Kim, Andycosponsor
- Sen. Blumenthal, Richardcosponsor
- Sen. Van Hollen, Chriscosponsor
- Sen. Reed, Jackcosponsor
- Sen. Booker, Cory A.cosponsor
- Sen. Hirono, Mazie K.cosponsor
- Sen. Markey, Edward J.cosponsor
- Sen. Merkley, Jeffcosponsor
- Sen. Schatz, Briancosponsor
- Sen. Smith, Tinacosponsor
Votes
Actions
- May 20, 2026 | Senate
- Introduced in Senate
- Read twice and referred to the Committee on Finance.
Bill Texts
Documents
