Latest action: Referred to the House Committee on Ways and Means.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Taxes oil company profits earned during Iran-related wars or conflicts.
The problem
Oil prices may spike during wars or conflicts involving Iran, creating large unexpected profits for oil companies without corresponding effort or investment.
The proposal
Imposes a windfall profits tax on oil companies when profits surge during Iran-related military conflicts or crises.
The impact
Oil companies pay higher taxes during Iran conflicts. Consumers might see gas price changes. Government receives additional tax revenue.
The tax generates money for the federal government during expensive military conflicts. This could help pay for war costs or other programs without raising taxes on regular people.
Oil companies don't deserve massive profits just because of global conflicts they didn't cause. This tax ensures they don't benefit unfairly from crises.
By taxing excess profits, the government might reduce pressure for gas prices to spike as much. Consumers could pay less at the pump during conflicts.
Oil companies might pass the tax costs to consumers through higher gas prices. Regular people filling their cars could pay more, not less.
Companies might invest less in new oil drilling and production if profits are heavily taxed. This could make gas scarcer and more expensive long-term.
Companies won't know if a crisis counts as Iran-related or not. This uncertainty makes it harder for them to plan and invest in energy independence.
Determining what qualifies as Iran-related profit during conflicts is difficult and may lead to legal disputes between oil companies and the government.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
Loading map…
Loading...
0 citizens have already voted
Free · No spam · See how your representatives voted
Be the first to weigh in
Your vote starts the conversation
How citizen engagement works
Citizens vote & comment
Public opinion data is aggregated and updated in real time.
Patterns become visible
Representatives can see constituent sentiment broken down by district.
Your voice on the record
Contact your rep directly — one constituent call can shift a staffer's priority list.
Research shows that constituent contacts — especially calls — are among the most effective ways to influence a legislator's position on active bills.
Other bills in this policy area
HR 10730
Healthy Communities Act of 2026
HR 5349
TAS Act
HR 9496
End Tax Penalties on American Hostages Act
HR 997
National Taxpayer Advocate Enhancement Act of 2025
Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
Couldn't load lobbying disclosures right now.