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117-hr-7099117th Congress

Stop Gas Price Gouging Tax and Rebate Act

Sponsored By: Representative DeFazio, Peter A. [D-OR-4]

Unknown

Summary

Stop Gas Price Gouging Tax and Rebate Act This bill imposes an excise tax of 50% of the excess of the windfall profit of a producer of crude oil (including crude oil condensates and natural gasoline) that has an average daily worldwide production of crude oil of at least 300,000 barrels for the taxable year, and had gross receipts in excess of $1 billion for its last taxable year during 2005. The bill defines windfall profit as the excess of the adjusted taxable income of such producer for taxable year 2022 over the reasonably inflated average profit for such taxable year. The bill requires payment of energy price rebates to eligible individuals.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

DeFazio, Peter A. [D-OR-4]

OR • D

Cosponsors

  • Rep. Takano, Mark [D-CA-39]

    CA • D

    Sponsored 3/16/2022

  • Rep. Tlaib, Rashida [D-MI-12]

    MI • D

    Sponsored 3/16/2022

  • Rep. Porter, Katie [D-CA-47]

    CA • D

    Sponsored 3/16/2022

  • Rep. Carson, André [D-IN-7]

    IN • D

    Sponsored 3/16/2022

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 3/16/2022

  • Rep. Kaptur, Marcy [D-OH-9]

    OH • D

    Sponsored 3/16/2022

  • Rep. García, Jesús G. "Chuy" [D-IL-4]

    IL • D

    Sponsored 3/16/2022

  • Rep. Titus, Dina [D-NV-1]

    NV • D

    Sponsored 3/16/2022

  • Rep. Jones, Mondaire [D-NY-17]

    NY • D

    Sponsored 3/16/2022

  • Rep. Ross, Deborah K. [D-NC-2]

    NC • D

    Sponsored 3/16/2022

  • Rep. Grijalva, Raúl M. [D-AZ-7]

    AZ • D

    Sponsored 3/16/2022

  • Sen. Welch, Peter [D-VT]

    VT • D

    Sponsored 3/16/2022

  • Rep. Malinowski, Tom [D-NJ-7]

    NJ • D

    Sponsored 3/16/2022

  • Rep. Jayapal, Pramila [D-WA-7]

    WA • D

    Sponsored 3/16/2022

  • Rep. Underwood, Lauren [D-IL-14]

    IL • D

    Sponsored 3/16/2022

  • Rep. Pingree, Chellie [D-ME-1]

    ME • D

    Sponsored 3/16/2022

  • Rep. Barragán, Nanette Diaz [D-CA-44]

    CA • D

    Sponsored 3/16/2022

  • Rep. Horsford, Steven [D-NV-4]

    NV • D

    Sponsored 3/17/2022

  • Rep. Bowman, Jamaal [D-NY-16]

    NY • D

    Sponsored 3/17/2022

  • Sen. Schiff, Adam B. [D-CA]

    CA • D

    Sponsored 3/17/2022

  • Rep. Scanlon, Mary Gay [D-PA-5]

    PA • D

    Sponsored 3/17/2022

  • Rep. Quigley, Mike [D-IL-5]

    IL • D

    Sponsored 3/17/2022

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 3/17/2022

  • Rep. Mrvan, Frank J. [D-IN-1]

    IN • D

    Sponsored 3/17/2022

  • Rep. Newman, Marie [D-IL-3]

    IL • D

    Sponsored 3/17/2022

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 3/17/2022

  • Rep. Smith, Adam [D-WA-9]

    WA • D

    Sponsored 3/18/2022

  • Rep. McCollum, Betty [D-MN-4]

    MN • D

    Sponsored 3/18/2022

  • Rep. Watson Coleman, Bonnie [D-NJ-12]

    NJ • D

    Sponsored 3/29/2022

  • Rep. McGovern, James P. [D-MA-2]

    MA • D

    Sponsored 3/29/2022

  • Sen. Gallego, Ruben [D-AZ]

    AZ • D

    Sponsored 3/29/2022

  • Del. San Nicolas, Michael F. Q. [D-GU-At Large]

    GU • D

    Sponsored 3/29/2022

  • Rep. Cleaver, Emanuel [D-MO-5]

    MO • D

    Sponsored 3/29/2022

  • Rep. Schakowsky, Janice D. [D-IL-9]

    IL • D

    Sponsored 3/29/2022

  • Rep. Ruppersberger, C. A. Dutch [D-MD-2]

    MD • D

    Sponsored 3/30/2022

  • Rep. DeSaulnier, Mark [D-CA-10]

    CA • D

    Sponsored 3/31/2022

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 3/31/2022

  • Rep. Brown, Shontel M. [D-OH-11]

    OH • D

    Sponsored 4/1/2022

  • Rep. Strickland, Marilyn [D-WA-10]

    WA • D

    Sponsored 4/4/2022

  • Rep. Langevin, James R. [D-RI-2]

    RI • D

    Sponsored 4/5/2022

  • Rep. Axne, Cynthia [D-IA-3]

    IA • D

    Sponsored 4/21/2022

  • Rep. Lowenthal, Alan S. [D-CA-47]

    CA • D

    Sponsored 4/21/2022

  • Rep. Craig, Angie [D-MN-2]

    MN • D

    Sponsored 4/28/2022

  • Rep. Crow, Jason [D-CO-6]

    CO • D

    Sponsored 7/12/2022

  • Rep. DeGette, Diana [D-CO-1]

    CO • D

    Sponsored 7/12/2022

  • Rep. Dean, Madeleine [D-PA-4]

    PA • D

    Sponsored 7/27/2022

  • Rep. Huffman, Jared [D-CA-2]

    CA • D

    Sponsored 3/29/2022

Roll Call Votes

No roll call votes available for this bill.

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