CONGRESS FOR VOTERS

DemocratBill · S. 4222· Senate(119-S-4222)

End Polluter Welfare for Enhanced Oil Recovery Act of 2026

Rep. Merkley
Age: 70 years
Oregon
Introduced
3/26/2026
Last activity
3/26/2026 — Read twice and referred to the Committee on Finance.
Sponsored by
Jeff Merkley
Cosponsors
Democrat - 4Republican - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "End Polluter Welfare for Enhanced Oil Recovery Act of 2026," seeks to amend the Internal Revenue Code of 1986. It aims to provide an end date for the credit for certain qualified carbon oxide. Specifically, it eliminates the use of carbon oxide as a tertiary injectant for qualified facilities where construction begins after the Act's enactment. Additionally, the bill strikes Section 43 of the Internal Revenue Code. These changes are intended to apply to taxable years beginning after the Act is enacted.

Yes

  • Does this cut the pollution that drives climate change?+5

    The bill limits the use of carbon oxide for tertiary injection in new facilities, targeting the reduction of carbon-intensive oil recovery processes.

  • Does this reduce how much oil, gas and coal is produced?+4

    By eliminating incentives for enhanced oil recovery, the bill aims to reduce the production of fossil fuels.

  • Does this reduce what the federal government spends?+3

    By striking Section 43, the bill reduces government expenditure on tax credits for enhanced oil recovery.

The opposite

  • Would business owners be better off under this?-5

    The bill removes specific tax credits that benefit large energy and oil companies.

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

    The loss of tax credits may negatively impact high-income individuals with significant holdings in the energy sector.