0
1
1
Taxing Buybacks from Big Oil Windfalls Act
5/29/2026, 7:08 AM
Summary of Bill S 4588
The bill titled "A bill to amend the Internal Revenue Code of 1986 to increase the excise tax for the repurchase of corporate stock by large oil and gas companies" was introduced in the 119th Congress on May 20, 2026.
Read the Full Bill
Current Status of Bill S 4588
Bill S 4588 is currently in the status of Bill Introduced since May 20, 2026. Bill S 4588 was introduced during Congress 119 and was introduced to the Senate on May 20, 2026. Bill S 4588's most recent activity was Read twice and referred to the Committee on Finance. as of May 20, 2026
Bipartisan Support of Bill S 4588
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4588
Primary Policy Focus
Alternate Title(s) of Bill S 4588
Taxing Buybacks from Big Oil Windfalls Act
Taxing Buybacks from Big Oil Windfalls Act
A bill to amend the Internal Revenue Code of 1986 to increase the excise tax for the repurchase of corporate stock by large oil and gas companies.
Comments
Sponsors and Cosponsors of S 4588
Latest Bills
Recover COVID Unemployment Fraud in Banks Act
Bill HR 8873May 30, 2026
No Aid for Ghost Students Act of 2026
Bill HR 7892May 30, 2026
Preventing Waste, Fraud, and Abuse in TANF Act
Bill HR 8872May 30, 2026
Student Aid Fraud Oversight and Accountability Act of 2026
Bill HR 7891May 30, 2026
Prove It Act
Bill HR 1163May 30, 2026
CONNECT Act
Bill HR 7995May 30, 2026
Foster Youth Workforce Opportunity Act
Bill HR 7343May 30, 2026
Foster Youth Postsecondary Education Access and Success Act
Bill HR 7463May 30, 2026
Fresh Starts for Foster Youth Act
Bill HR 7529May 30, 2026
Support for Expectant and Parenting Foster Youth Act
Bill HR 7655May 30, 2026