Enacts the "New York Oil Windfall Profits Tax Act of 2023"
Summary
Enacts the "New York Oil Windfall Profits Tax Act"; establishes an excise tax on barrels of taxable crude oil at a rate of fifty percent times the excess of the average price of crude oil in the taxable year and the average price of crude oil between 2015 and 2019.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2022
Committee Review
Floor Vote
Governor
Introduced Jun 29, 2022
Last action Jun 29, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jun 29, 2022
Senate · Referred to committee
REFERRED TO RULES
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kevin Parker
DDemocratic/Working Families
Ask Maddy
·
AI policy assistant
Ask Maddy about S 9491
Scope: NY
Hi! I can help you understand S 9491. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline