The Strategic Petroleum Accumulation and Reserve Tax Alignment Act (SPARTA) Act will use revenue collected from clean electricity tax credits to support the SPR. ... The Strategic Petroleum Accumulation and Reserve Tax Alignment Act would: Take revenue from clean electricity tax credits and put it towards Strategic Petroleum Reserve (SPR).
Replenish the Strategic Petroleum Reserve by using revenue collected from clean electricity tax credits.
Occurrences
Senator Tom Cotton (R-Arkansas) today introduced legislation to replenish the strategic petroleum reserve (SPR) after years of misuse and neglect under the Biden administration. The Strategic Petroleum Accumulation and Reserve Tax Alignment Act (SPARTA) Act will use revenue collected from clean electricity tax credits to support the SPR. ... The Strategic Petroleum Accumulation and Reserve Tax Alignment Act would: Take revenue from clean electricity tax credits and put it towards Strategic Petroleum Reserve (SPR).
To temporarily suspend the clean electricity production credit to support the Strategic Petroleum Reserve. ... The Secretary of the Treasury shall deposit into the SPR Petroleum Account ... amounts equal to the increase in revenues to the Treasury by reason of the amendment made by subsection (a).
Evidence
will use revenue collected from clean electricity tax credits to support the SPR.
temporarily suspend the clean electricity production credit
Assessments
Sen. Cotton introduced the Strategic Petroleum Accumulation and Reserve Tax Alignment (SPARTA) Act on March 20, 2026, which would suspend the clean electricity production credit for FY2026–2027 and direct resulting revenues to the Strategic Petroleum Reserve. The bill was formally introduced and referred to committee but there is no record in the available lookback window of enactment or implementation and no subsequent committee action identified. Therefore the promise has not been delivered and remains unresolved, though a formal legislative proposal was made.