A bill to temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve.
Sponsored by Cotton, Tom (Republican-AR) · Senate · Introduced Mar 20, 2026
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Plain-English Summary (AI-assisted)
This bill would temporarily pause tax credits for clean electricity production to redirect funds toward purchasing oil for the Strategic Petroleum Reserve (SPR). The bill essentially trades near-term renewable energy incentives for oil stockpiling.
Legislative Status Timeline
Introduced
Mar 20, 2026
In Committee
Mar 20, 2026
Passed House
Pending
Passed Senate
Pending
Presidential Action
Pending
Sponsor
Cotton, Tom
Independent · AR
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