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© 2026 Govwatch

Press ReleaseNeutral2026-05-21

Bennet, Schumer, Wyden Introduce Legislation to Increase Stock Buybacks Tax for Oil and Gas Companies

Michael F. Bennet
Michael F. Bennet
DCO · Senator
Share:
TaxesForeign Policy

Context

This press release from Senator Michael F. Bennet (D-CO) was published on 2026-05-21 and titled "Bennet, Schumer, Wyden Introduce Legislation to Increase Stock Buybacks Tax for Oil and Gas Companies".

Full Text

Bennet, Schumer, Wyden Introduce Legislation to Increase Stock Buybacks Tax for Oil and Gas Companies

Proposal Would Increase Tax on Buybacks from One Percent to 25 Percent as Consumers Face Record Gasoline Prices Washington, D.C. — Colorado U.S. Senator Michael Bennet, Ranking Member of the Senate Finance Subcommittee on Taxation and IRS Oversight, Democratic Leader Chuck Schumer (D-N.Y.), and Senate Finance Committee Ranking Member Ron Wyden (D-Ore.), introduced legislation to increase [ ] The post Bennet, Schumer, Wyden Introduce Legislation to Increase Stock Buybacks Tax for Oil and Gas Companies appeared first on U.S. Senator Michael Bennet .
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