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HR 7926 117th Congress House Taxation

Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022

Introduced: May 31, 2022 Introduced by: Schiff, Adam B. Democratic · California See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 31, 2022
Referred to the House Committee on Ways and Means.
May 31, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022

This bill suspends the excise tax on gasoline (other than aviation gasoline) until December 31, 2023. It also imposes a 50% tax on the excess profits of certain large oil companies in the first taxable year after 2021.

What's happening now May 31, 2022

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 7926: Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7926/
MLA
"H.R. 7926: Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7926/.
Bluebook (legal)
H.R. 7926, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7926/.
Markdown link
[H.R. 7926: Federal Gas Tax Suspension and Windfall Profits Tax Act of 2022](https://openamerica.io/bill/117-HR-7926/)
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