Bill · S. 4158· Senate(119-S-4158)
A bill to temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve.
- Introduced
- 3/20/2026
- Last activity
- 3/20/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Tom Cotton
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill proposes to temporarily suspend the clean electricity production credit. The suspension would cover electricity produced between October 1, 2025, and September 30, 2027. The revenue gained from this change would be transferred to the Strategic Petroleum Reserve account. This action is intended to support the Strategic Petroleum Reserve.
Yes
Does this raise the taxes companies pay?+5
The bill increases revenue to the Treasury by suspending the clean electricity production credit used by energy producers.
Is this likely to lower the price at the pump?+2
Funding the Strategic Petroleum Reserve may help stabilize or lower energy prices through increased oil reserves.
The opposite· 3 of 4
Does this cut the pollution that drives climate change?-5
By suspending the clean electricity production credit, the bill reduces financial incentives for renewable energy production.
Does this put more money into wind, solar and other renewable power?-5
The suspension of the clean electricity production credit reduces the financial support available for renewable energy projects.
Would business owners be better off under this?-4
Clean energy producers will lose a specific tax credit during the specified two-year period.
Who it would affect, and how
Potential Positive Impacts for People
- Support for the Strategic Petroleum Reserve: The bill directs the Secretary of the Treasury to deposit the increased revenue into the SPR Petroleum Account established under section 167(a) of the Energy Policy and Conservation Act. This provides funding to support the Strategic Petroleum Reserve (Section 1, subsection b).
Potential Negative Impacts for People
- Suspension of Clean Electricity Production Credit: The amendment to Section 45Y of the Internal Revenue Code of 1986 means the clean electricity production credit would not apply to electricity produced during the period beginning October 1, 2025, and ending September 30, 2027 (Section 1, subsection a).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Reduces Gas Prices+2Increases Renewable Energy Investment-5Reduces Carbon Emissions-5
- Demographic And Interest Groups
- Good For Business Owners-4
- Economy And Finance
- Increases Corporate Taxes+5Reduces Government Spending-2
- 3/20/2026
- Read twice and referred to the Committee on Finance.
- Introduced in Senate