Oil Company Windfall Profits Tax Act of 2026

S. 5569 in the 119th Congress (2025–2026) was introduced on Sep 28, 2026, sponsored by Adam B. Schiff.

During the 119th Congress (2025–2026), Donald Trump was president, and Republicans held majorities in both the House and Senate.

Status: Introduced
Introduced: Sep 28, 2026
Co-sponsors: 0

Sponsor

Adam B. Schiff (D-CA)

Where it stands

IntroducedSep 28, 2026
Passed the Senate—
Passed the House—
Sent to the President—
Became law—

Latest action: Read twice and referred to the Committee on Finance. (Sep 28, 2026)

More bills from Adam B. Schiff in the 119th Congress

Committees

Finance Committee

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 5569 (119th Congress): Oil Company Windfall Profits Tax Act of 2026,” https://www.capitolreceipts.com/bill/119-s-5569/oil-company-windfall-profits-tax-act-of-2026 (accessed 2026-10-17).