A bill to temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve.

Section 45Y of the Internal Revenue Code of 1986 is amended by adding at the end the following:

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.

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).