H.R. 7099: Stop Gas Price Gouging Tax and Rebate Act

117th Congress · introduced 2022-03-16 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

Where it came from: introduced 2022-03-16 · official record
Who proposed it: Rep. DeFazio, Peter A. [D-OR-4] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Stop Gas Price Gouging Tax and Rebate Act

Plain 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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Stop Gas Price Gouging Tax and Rebate Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. DeFazio, Peter A. [D-OR-4] · 47 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Mark Takano (D-CA), Rashida Tlaib (D-MI), André Carson (D-IN), Steve Cohen (D-TN), Marcy Kaptur (D-OH), Jesús G. "Chuy" García (D-IL), Dina Titus (D-NV), Deborah K. Ross (D-NC), Peter Welch (D-VT), Pramila Jayapal (D-WA), Lauren Underwood (D-IL), Chellie Pingree (D-ME), Nanette Diaz Barragán (D-CA), Steven Horsford (D-NV), Adam B. Schiff (D-CA), Mary Gay Scanlon (D-PA), Mike Quigley (D-IL), Eleanor Holmes Norton (D-DC), Frank J. Mrvan (D-IN), Ted Lieu (D-CA), Adam Smith (D-WA), Betty McCollum (D-MN), Bonnie Watson Coleman (D-NJ), James P. McGovern (D-MA), Ruben Gallego (D-AZ), Emanuel Cleaver (D-MO), Jared Huffman (D-CA), Janice D. Schakowsky (D-IL), Mark DeSaulnier (D-CA), Brad Sherman (D-CA), Shontel M. Brown (D-OH), Marilyn Strickland (D-WA), Angie Craig (D-MN), Jason Crow (D-CO), Diana DeGette (D-CO), Madeleine Dean (D-PA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr7099.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr7099 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117