SB4588Introduced in the Senate
Taxing Buybacks from Big Oil Windfalls Act
Introduced by Ron Wyden, District OR
What does this bill do?
Plain-English breakdown
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Official description
A bill to amend the Internal Revenue Code of 1986 to increase the excise tax for the repurchase of corporate stock by large oil and gas companies.
Where it stands
Read twice and referred to the Committee on Finance.
May 20, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Read twice and referred to the Committee on Finance.
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