A bill to amend the Internal Revenue Code of 1986 to expand the renewable electricity production credit to include electricity produced from hydrogen.
Hydrogen Utilization and Sustainability Act
This bill expands the tax credit for producing electricity from renewable resources to include qualified hydrogen. The bill defines qualified hydrogen as hydrogen fuel certified as having a carbon intensity of not greater than 75 grams of CO2e (carbon dioxide equivalent) per kilowatt hour of electricity produced, as determined based on a lifecycle analysis.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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