In November 2021 Congress passed and President Biden signed the Infrastructure Investment and Jobs Act This law reinstates the federal Superfund excise taxes on various chemicals that OxyChem manufactures These excise taxes could lead to higher costs and impact margins In November 2021 the House of Representatives passed the Build Back Better Act Bbb which contains several climate related provisions While the Bbb was not enacted in 2021 renewed efforts are expected in 2022 to legislate Bbb or portions thereof