Representative Ro Khanna and Senator Jeff Merkley reintroduced a bill to eliminate fossil fuel industry tax breaks for carbon capture.
Quiver AI Summary
Reintroduction of Legislation: Representative Ro Khanna and Senator Jeff Merkley have reintroduced the End Polluter Welfare for Enhanced Oil Recovery Act. This legislation aims to eliminate the tax breaks that currently benefit the fossil fuel industry for using carbon capture in enhanced oil recovery processes.
Details of the Tax Credit: The existing tax credit incentivizes fossil fuel companies to inject carbon dioxide into oil wells, which has been criticized for fostering excessive profits without lowering consumer fuel prices. The legislation seeks to reallocate federal resources to prioritize the needs of American families over corporate interests.
Support and Criticism: Advocates, including climate justice groups, argue that the bill addresses the detrimental impact of fossil fuel subsidies on both the environment and taxpayers. Supporters emphasize the urgency of reforming policies that favor fossil fuel companies amidst rising energy costs and other economic challenges faced by Americans.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Ro Khanna Fundraising
Ro Khanna recently disclosed $1.7M of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 26th most from all Q4 reports we have seen this year. 100.0% came from individual donors.
Khanna disclosed $962.4K of spending. This was the 59th most from all Q4 reports we have seen from politicians so far this year.
Khanna disclosed $15.5M of cash on hand at the end of the filing period. This was the 6th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Ro Khanna's fundraising on Quiver Quantitative.
Ro Khanna Bill Proposals
Here are some bills which have recently been proposed by Ro Khanna:
- H.R.8108: To amend the Internal Revenue Code of 1986 to provide for an end date for the credit for certain qualified carbon oxide, and for other purposes.
- H.R.8107: To require the establishment of a list identifying program areas and administrative practices presenting the greatest risk to the integrity of Federal funds administered by States and local governments.
- H.R.7960: To amend the Internal Revenue Code of 1986 to impose a windfall profits excise tax on crude oil and to rebate the tax collected back to individual taxpayers, and for other purposes.
- H.R.7907: AI-Ready Bio-Data Standards Act
- H.R.7832: To establish the America's Living Library Project, and for other purposes.
- H.R.7767: To amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.
You can track bills proposed by Ro Khanna on Quiver Quantitative's politician page for Khanna.
2026 California's 17th Congressional District Election
There has been approximately $13,838,708 of spending in California's 17th congressional district elections over the last two years, per our estimates.
Approximately $217,896 of this has been from outside spending by PACs and Super PACs.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 California's 17th congressional district election.
