arrow_back Trending Legislation
Share share

Ending Tax Credits for Oil Companies Using Carbon for Extraction

This bill removes tax breaks for oil companies that use carbon dioxide to boost oil production. It aims to stop government financial support for certain oil extraction methods.
Key points
Eliminates tax credits for using carbon oxide in oil recovery processes.
Repeals the Enhanced Oil Recovery (EOR) tax credit entirely.
Reduces federal subsidies for the fossil fuel industry.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Introduced
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
End Polluter Welfare for Enhanced Oil Recovery Act of 2026
Print number: S 4222
Sponsor: Sen. Merkley, Jeff [D-OR]
Process start date: 2026-03-26