Source Document
Congressional Daily Record
Constitutional Authority Statement for H.R. 8803
This section focuses on legislation moving through Congress. It mentions legislation such as To amend the Internal Revenue Code of 1986 to impose a windfall profits excise tax on crude oil and to rebate the tax collected back to individual taxpayers until the President declares that all hostilities with Iran have ceased, the Strait of Hormuz is fully reopened, and the price of oil drops below $75 per barrel..
Issued
May 13, 2026
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