End Polluter Welfare Act of 2025
This bill eliminates government subsidies for fossil fuel production by increasing royalties for oil and gas extraction, terminating tax credits for fossil fuel companies, and prohibiting government funding for fossil fuel projects. It repeals recent legislation that provided fossil fuel subsidies, including provisions from the Inflation Reduction Act, and requires a study of additional subsidies. The bill affects fossil fuel companies, government agencies, and financial institutions that support fossil fuel development. Key provisions would take effect for production and tax years beginning after the bill's enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2025
Committee Review
Floor Vote
President
Introduced Jul 24, 2025
Last action Jul 24, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 24, 2025
Committee
Read twice and referred to the Committee on Finance.
upper
Jul 24, 2025
Introduced
Introduced in Senate
upper
1 primary · 6 co-sponsors
Sponsors
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