HR 8108 · 119th Congress

End Polluter Welfare for Enhanced Oil Recovery Act of 2026

This bill eliminates two tax credits that have been helping oil companies reduce their taxes. The first credit, called the Enhanced Oil Recovery (EOR) credit under Section 43, is being completely removed from the tax code. This credit previously allowed oil companies to get tax breaks when they used carbon dioxide t…

Sponsor

Khanna, Ro (D-California)

Introduced

2026-03-26

Policy area

Taxation