DemocratBill · H.R. 10434· House(119-HR-10434)

Empower Energy Exporting Communities Act

Rep. Gonzalez
Age: 59 years
Texas
Introduced
9/16/2026
Last activity
9/16/2026 — Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsored by
Vicente Gonzalez
Cosponsors
Democrat - 0Republican - 1
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill is called the Empower Energy Exporting Communities Act. It sets up a new trust fund in the U.S. Treasury called the Oil and Gas Community Trust Fund. The fund gets its money by taking 3 percent of the net revenues received from certain oil and gas companies. These funds can then be used to make payments to eligible oil and gas communities for investments in infrastructure and public services. To be eligible, a county, parish, municipality, or Tribal community must be located within 50 miles of a major port for exporting oil or gas. The amount of money a port region can get is limited based on how its export amounts compare to the total nationwide exports.

Yes· 3 of 17

  • Does this repair or build roads and bridges?+5

    The bill explicitly allows trust fund moneys to be used for infrastructure investments in eligible communities near export ports.

  • Does this invest in rural communities?+4

    Eligible communities include rural counties and parishes situated near major oil and gas export ports that will receive direct funding.

  • Would households on low incomes be better off under this?+3

    Investments in public services within eligible communities are likely to assist lower-income households residing in those port regions.

The opposite

  • Would business owners be better off under this?-2

    Specified oil or gas companies face a financial transfer of 3 percent of net revenues into the federal trust fund.

  • Is this likely to lower the price at the pump?-2

    The assessment on oil and gas revenues could potentially lead to higher energy costs passed down to consumers.

  • Does this reduce what the federal government spends?-2

    The bill creates a new mandatory appropriation into a dedicated trust fund financed by a portion of oil and gas net revenues.