Clean Hydrogen Production Incentives Act of 2021
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 25, 2021)
Clean Hydrogen Production Incentives Act of 2021
This bill allows a new tax credit for the production of clean hydrogen using electricity produced from renewable energy resources (e.g., wind, solar, geothermal, nuclear energy). The bill defines clean hydrogen as hydrogen produced using an electrolyzer for which the electricity used is produced from qualified renewable energy resources, or by any other process which has been determined to have a rate of carbon dioxide emissions per kilogram of hydrogen produced equal to or lower than such rate for such production using other specified processes.
What just happenedMar 25, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateMar 25, 2021
- Mar 25, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 25, 2021IntroReferral10000
Introduced in Senate