Nonpartisan civic infrastructure
AllCiv·Legis1
·

H.R. 10434

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to establish a dedicated trust fund for investments in oil and gas communities.
About This Bill
Committee
Latest Action · September 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.
Introduced
September 16, 2026
Cosponsors (1)
0D 1R
View PDF ↗
SummaryFull TextCommentsAnnotations

Summary

Highlight any text to annotate
The Empower Energy Exporting Communities Act would create a dedicated trust fund to provide federal money to communities near major oil and gas export ports. The fund would be financed by taking 3 percent of federal tax revenues collected from large oil and gas companies and redirecting that money to eligible communities. Eligible recipients include counties, municipalities, and tribal communities located within 50 miles of a major oil or gas export port, which could use the funds for infrastructure and public service projects. The amount each port region receives would be proportional to its share of total national oil and gas exports, as determined by the federal government. The trust fund would operate without annual spending limits, allowing money to accumulate and be distributed to communities on an ongoing basis.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.