End Polluter Welfare Act of 2020
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End Polluter Welfare Act of 2020
This bill limits or eliminates certain fossil fuel oil and gas subsidies for oil companies, including by (1) eliminating the authority of the Department of Energy to carry out the Fossil Energy Research and Development Program; (2) expanding the definition of crude oil for purposes of the excise tax on petroleum and petroleum products to include any oil derived from a bitumen or bituminous mixture (tar sands), any liquid fuel derived from coal, and any oil derived from kerogen-bearing sources (oil shale); (3) limiting the financial assistance that such companies may receive from programs that provide relief to businesses affected by the COVID-19 (i.e., coronavirus disease 2019) pandemic; (4) terminating certain tax incentives relating to fossil fuels, including the percentage depletion allowance and capital gains treatment for royalties from coal; and (5) increasing the Oil Spill Liability Trust Fund financing rate.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- Introduced in House Formatted Text PDF Formatted XML
- Agriculture Committee
- Appropriations Committee
- Commodity Markets, Digital Assets, and Rural Development Subcommittee
- Energy and Commerce Committee
- Energy and Mineral Resources Subcommittee
- Federal Lands Subcommittee
- Financial Services Committee
- Foreign Affairs Committee
- Judiciary Committee
- Natural Resources Committee
- Railroads, Pipelines, and Hazardous Materials Subcommittee
- Science, Space, and Technology Committee
- Tax Subcommittee
- Transportation and Infrastructure Committee
- Ways and Means Committee
Cite this page
U.S. Congress. (2026). H.R. 7781: End Polluter Welfare Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7781/
"H.R. 7781: End Polluter Welfare Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7781/.
H.R. 7781, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7781/.
[H.R. 7781: End Polluter Welfare Act of 2020](https://openamerica.io/bill/116-HR-7781/)