Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.7871
H.R.7871: People Over Petroleum Act
About This Bill
- Introduced May 24, 2022
- Latest Major Action May 24, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Version
- Introduced in House - May 24, 2022
Bill 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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 24, 2022 |
Referred to the House Committee on Ways and Means.
|
| May 24, 2022 |
Introduced in the House by A. Donald McEachin (D-Va.) |