Bill raises tax breaks for small oil and gas companies.
S. 4604 — Protecting America’s Small Oil and Gas Producers and Rural Jobs Act · Filed by Roger Marshall (R-KS) · 7 cosponsors · Introduced May 20, 2026 · Referred to committee
Your members of Congress
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What it does
The bill lets small oil and gas producers deduct more money from taxes. It raises the deduction from 15 percent to 25 percent for certain wells. The bill removes a cap on how much income can be deducted. It raises the deduction amount each year based on inflation.
Who it affects
Small oil and gas producers benefit from larger tax deductions. Other taxpayers may pay more in taxes to make up the lost revenue.
One thing to notice
The bill does not define what counts as small. The bill does not define which wells qualify.
From the analysis of the bill text, linked under Primary records below.
Where it stands
7 cosponsors: 7 Republicans.
- May 20, 2026 — Introduced · Congress.gov: “Introduced in Senate”
- May 20, 2026 — Referred to Senate Committee on Finance · Congress.gov: “Read twice and referred to the Committee on Finance”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Money around this bill
1 groups reported lobbying about this bill. They filed 1 reports from Jun 2026 to Jun 2026.
Those reports show $250,000 in lobbying spending. Each report lists about 27 bills. So that money was not all for this bill.
More groups named this bill than 0% of bills with any report.
Roger Marshall, who sponsored the bill, received $1,691,891 from PACs for the 2026 election.
- Independent Petroleum Association of America — $250,000 in 1 report
Lobbying is legal. These reports show who lobbied about this bill, not what changed.
Words to know
- deduction — Money a business can subtract from its income before paying taxes.
- inflation — When prices for goods and services go up over time.
- producers — Companies that find and pump oil and gas from the ground.
- lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
- PACs — Groups that collect money and give it to candidates for office.
- sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.
How this was measured
Analysis — Quorum's AI read the full bill text on Jun 3, 2026; transparency and hidden-provision scores are compared against the median of 14,206 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
Money — Senate Lobbying Disclosure Act filings whose specific-issue field names this bill for quarters ending Jun 2026 to Jun 2026. A filing's amount is reported whole beside the median number of bills a filing names; it is never divided across them. PAC receipts are FEC-reported contributions to the sponsor's candidate committee in the 2026 cycle.
As of — lobbying records through Jul 18, 2026 · page rendered 2026-09-17.
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