People Over Petroleum Act

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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Timeline

1. 24 May 2022

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 24 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 24 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 24 May 2022 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 24 May 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 24 May 2022

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 24 May 2022

  Open at official source

Sponsors

• A. McEachin · D · Sponsor
• Sean Casten · D · Sponsor
• Earl Blumenauer · D · Sponsor
• Mike Levin · D · Cosponsor
• · hswm00 · Standing

Related records

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