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117-hr-7871117th Congress
People Over Petroleum Act
Sponsored By: Representative McEachin, A. Donald [D-VA-4]
Unknown
Summary
People Over Petroleum Act This bill repeals or limits certain fossil fuel subsidies for large oil companies. It also allows individual taxpayers a 2022 gas prices rebate for the first taxable year beginning in 2022. The bill defines 2022 gas prices rebate as the sum of $500 ($1,000 for joint returns), plus $500 times the number of taxpayer dependents who had attained the age of 16 as of the end of the taxable year. The bill allows advance payments of the rebate and requires taxpayers to provide a Social Security account number on their tax returns.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
McEachin, A. Donald [D-VA-4]
VA • D
Cosponsors
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 5/24/2022
Rep. Levin, Mike [D-CA-49]
CA • D
Sponsored 6/8/2022
Rep. Casten, Sean [D-IL-6]
IL • D
Sponsored 5/24/2022
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov