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S. 1266

Hydrogen Utilization and Sustainability Act

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.

Read twice and referred to the Committee on Finance.

Sen. Young, Todd [R-IN](R-IN)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions5subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Hydrogen Utilization and Sustainability Act — Informed