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117-hr-7926117th Congress
Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022
Sponsored By: Representative Schiff, Adam B. [D-CA]
Unknown
Summary
Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022 This bill suspends the excise tax on gasoline (other than aviation gasoline) until December 31, 2023. It also imposes a 50% tax on the excess profits of certain large oil companies in the first taxable year after 2021.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Schiff, Adam B. [D-CA]
CA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov