End the $757 billion that fossil fuel corporations receive in tax subsidies each year
End fossil fuel corporate tax subsidies.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
Sponsor: Rep. Omar, Ilhan [D-MN-5] (Introduced 07/23/2025). Latest Action: referred to committees. This bill has the status Introduced.
legacy_unverified · Source version not recorded · locator unknown
Latest Action: 07/04/2025 Became Public Law No: 119-21. Sec. 70523 allows corporations to reduce income for oil, gas drilling costs.
Assessments
Omar made a serious same-term legislative attempt by sponsoring H.R.4714, the End Polluter Welfare Act of 2025, to eliminate fossil-fuel production subsidies. However, the bill remains only introduced/referred and has not become law. Because the promised outcome requires enacted federal tax changes and fossil-fuel tax benefits were not ended, the promise is not delivered, though the effort badge is warranted.