Bill · H.R. 10256· House(119-HR-10256)
Taxpayer Relief from Big Oil Act
- Introduced
- 9/3/2026
- Last activity
- 9/3/2026 — Referred to the House Committee on Natural Resources.
- Sponsored by
- Maxine Dexter
- Cosponsors
- - 19 - 0
- Introduced
- In Committee
What this bill would do
This bill is called the Taxpayer Relief from Big Oil Act. It focuses on reforming how royalty relief is handled for oil and gas production. The bill repeals specific royalty relief provisions for the Gulf of Mexico and modifies royalty relief rules for Alaska. It also requires the Bureau of Land Management and the Bureau of Ocean Energy Management to provide annual reports on royalty relief applications and outcomes. Additionally, it directs the Secretary of the Interior to create standardized transportation allowances for calculating royalties.
Yes· 3 of 7
Does this make what the government does easier for the public to see?+6
Requires detailed annual reporting on royalty relief applications and outcomes.
Does this raise the taxes companies pay?+4
Repealing royalty relief increases the financial obligations of oil and gas corporations to the government.
Does this better protect public land such as parks and forests?+4
Increases transparency and standardization in the management of public land and water resources.
The opposite· 3 of 5
Would business owners be better off under this?-6
Oil and gas production companies face higher costs due to the removal of royalty relief.
Would people with substantial wealth be better off under this?-3
Investors in energy companies may see lower returns due to increased operational costs.
Would the very wealthiest people be better off under this?-3
Owners of large oil interests will face higher payments to the government.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Transparency: Section 2(c) requires annual reports detailing the number of royalty relief applications, approvals, denials, and the resulting revenue differences, which allows for better oversight of oil and gas royalty relief.
-
Standardized Royalty Calculations: Section 3(a) mandates the establishment of standardized transportation allowances for the calculation of oil and gas royalties in Bureau of Land Management boundaries and Outer Continental Shelf planning areas.
Potential Negative Impacts for People
-
Loss of Financial Relief for Producers: Section 2(a)(1) repeals Section 344 of the Energy Policy Act of 2005, removing royalty relief for the Gulf of Mexico.
-
Changes to Alaska Production: Section 2(b) amends the Outer Continental Shelf Lands Act and the Naval Petroleum Reserves Production Act of 1976, which removes certain provisions relating to planning areas offshore Alaska and the naval petroleum reserve in Alaska.
-
Limits on Transportation Deductions: Section 3(b) caps standardized transportation allowances at either 30 percent of the total value of produced oil and gas or the actual reasonable costs, whichever is lesser.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners-6Good For Billionaires-3Good For High Net Worth Individuals-3Good For Ultra High Net Worth Individuals-3
- Economy And Finance
- Increases Corporate Taxes+4Improves Fiscal Responsibility+3Reduces National Debt+3
- Governance And Ideology
- Improves Government Transparency+6Increases Federal Power+2
- Environment Energy And Infrastructure
- Improves Public Land Management+4Reduces Fossil Fuel Production+1Reduces Gas Prices-2
- 9/3/2026
- Referred to the House Committee on Natural Resources.
- 19 Cosponsors added.
- Introduced in House
Yassamin AnsariDemocrat · Arizona
Suzanne BonamiciDemocrat · Oregon
Julia BrownleyDemocrat · California
Steve CohenDemocrat · Tennessee
Adelita GrijalvaDemocrat · Arizona
Jared HuffmanDemocrat · California
Raja KrishnamoorthiDemocrat · Illinois
Mike LevinDemocrat · California
Sam LiccardoDemocrat · California
Betty McCollumDemocrat · Minnesota
Kevin MullinDemocrat · California
Dave MinDemocrat · California
Eleanor NortonDemocrat · District of Columbia
Emily RandallDemocrat · Washington
Andrea SalinasDemocrat · Oregon
Lateefah SimonDemocrat · California
Paul TonkoDemocrat · New York
Shri ThanedarDemocrat · Michigan
Juan VargasDemocrat · California