What This Bill Does · Plain English
Summary
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Action Timeline
2026-03-20
Introduced in Senate
2026-03-20
Read twice and referred to the Committee on Finance.
Frequently Asked Questions
Did S.4158 pass?
S.4158 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored S.4158?
S.4158 was sponsored by Tom Cotton (R-Arkansas).
Full Bill Text
119 S4158 IS: To temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve. U.S. Senate 2026-03-20 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 2d Session S. 4158 IN THE SENATE OF THE UNITED STATES March 20, 2026 Mr. Cotton introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve. 1. Temporary suspension of clean electricity production credit (a) In general Section 45Y of the Internal Revenue Code of 1986 is amended by adding at the end the following: (i) Suspension during fiscal years 2026 and 2027 This section shall not apply with respect to any electricity produced during the period beginning on October 1, 2025, and ending on September 30, 2027. . (b) Transfer to SPR petroleum account The Secretary of the Treasury shall deposit into the SPR Petroleum Account established under section 167(a) of the Energy Policy and Conservation Act ( 42 U.S.C. 6247(a) ) amounts equal to the increase in revenues to the Treasury by reason of the amendment made by subsection (a).
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