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People Over Petroleum Act

USA117th CongressHR-7871| House 
| Updated: 5/24/2022
A. Donald McEachin

A. Donald McEachin

Democratic Representative

Virginia

Cosponsors (3)
Sean Casten (Democratic)Earl Blumenauer (Democratic)Mike Levin (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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
May 24, 2022
Introduced in House
May 24, 2022
Referred to the House Committee on Ways and Means.
  • May 24, 2022
    Introduced in House


  • May 24, 2022
    Referred to the House Committee on Ways and Means.

Taxation

People Over Petroleum Act

USA117th CongressHR-7871| House 
| Updated: 5/24/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 24, 2022
Introduced in House
May 24, 2022
Referred to the House Committee on Ways and Means.
  • May 24, 2022
    Introduced in House


  • May 24, 2022
    Referred to the House Committee on Ways and Means.
A. Donald McEachin

A. Donald McEachin

Democratic Representative

Virginia

Cosponsors (3)
Sean Casten (Democratic)Earl Blumenauer (Democratic)Mike Levin (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted