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US SB4158
Bill
AI Summary
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Suspends the clean electricity production credit (Section 45Y of the Internal Revenue Code) for fiscal years 2026 and 2027, covering electricity produced from October 1, 2025 through September 30, 2027
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Directs the Secretary of the Treasury to deposit all increased tax revenues resulting from the credit suspension into the SPR Petroleum Account
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Amends the Internal Revenue Code of 1986 to add a new subsection implementing the temporary suspension
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Funds deposited would support the Strategic Petroleum Reserve under section 167(a) of the Energy Policy and Conservation Act (42 U.S.C. 6247(a))
Legislative Description
A bill to temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve.
Last Action
Read twice and referred to the Committee on Finance.
3/20/2026