# 117-hr-7926: Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022

117-hr-7926, Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022, is a 117th Congress bill sponsored by Sen. Schiff, Adam B. [D-CA] (D-CA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7926
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7926
- Congress: 117
- Title: Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2022-05-31
- Sponsor: Sen. Schiff, Adam B. [D-CA] (D-CA)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Related bills

- 117-hr-1667: Dr. Lorna Breen Health Care Provider Protection Act
- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacific American History and Culture Act
- 117-hr-7791: Access to Baby Formula Act of 2022
- 117-hr-263: Big Cat Public Safety Act
- 117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doherty, Tyrone Woods, J. Christopher Stevens, and Sean Smith, in recognition of thei…

## Sources
- [117-hr-7926 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7926)

## Related
- [117-hr-1667: Dr. Lorna Breen Health Care Provider Protection Act](https://policyrisk.com/legislation/117-hr-1667)
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacifi…](https://policyrisk.com/legislation/117-hr-3525)
- [117-hr-7791: Access to Baby Formula Act of 2022](https://policyrisk.com/legislation/117-hr-7791)
- [117-hr-263: Big Cat Public Safety Act](https://policyrisk.com/legislation/117-hr-263)
- [117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doher…](https://policyrisk.com/legislation/117-hr-310)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7926 (as of 2025-11-18).