DemocratBill · H.R. 4905· House(119-HR-4905)

Energy Workers Health Improvement and Compensation Fund Act

Rep. Vasquez
Age: 42 years
New Mexico
Introduced
8/5/2025
Last activity
8/5/2025 — Referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, 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
Gabe Vasquez
Cosponsors
None
Labor and Employment
  1. Introduced
  2. In Committee

What this bill would do

This bill establishes the Energy Workers Health Compensation Fund to help pay for certain medical expenses. Oil companies will be required to deposit funds into this trust based on the compensation of their ten highest-paid employees. These funds are intended to reimburse eligible workers and their family members for costs related to asthma, heat-related illness, and other specific respiratory or cardiovascular diseases. The bill also creates a commission to study and improve the health outcomes of oil and gas workers. This commission will include various experts and representatives from specific states.

Yes· 3 of 11

  • Does this raise the taxes companies pay?+7

    The bill mandates significant annual deposits from oil companies into a compensation fund without allowing tax deductions for these payments.

  • Does this make health care easier to get in general?+6

    The bill provides reimbursement for specific respiratory and cardiovascular medical expenses for eligible workers and their families.

  • Does this reduce what the federal government spends?+5

    The fund is financed by mandatory company deposits rather than through federal appropriations.

The opposite

  • Would high-income households be better off under this?-2

    The bill targets the highest-paid employees of oil companies to determine the amount of required deposits.