3.0.0 2573 2023-01-11T13:25:48Z 2023-01-11T13:25:48Z Senate S S 2014-07-09 113 ssfi00 Finance Committee Senate Standing Referred to 2014-07-09T16:22:09Z Fuel Cell and Hydrogen Infrastructure Act of 2014 113 4733 HR 2014-05-22 Referred to the House Committee on Ways and Means. Related bill CRS 2014-07-09 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2014-07-09 Introduced in Senate IntroReferral 10000 9 Library of Congress B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT N Taxation Alternative and renewable resources Energy efficiency and conservation Hybrid, electric, and advanced technology vehicles Income tax credits Motor fuels Taxation 00 2014-07-09 Introduced in Senate 2014-07-18T19:57:12Z Fuel Cell and Hydrogen Infrastructure Act of 2014 - Amends the Internal Revenue Code, with respect to the tax credit for alternative fuel vehicle refueling property expenditures, to: (1) increase the rate of such credit from 30% to 50% for hydrogen-related alternative fuel vehicles, (2) eliminate the dollar limitation on such credit for hydrogen-related vehicles, (3) allow such credit for off-highway motor vehicles designed for carrying or towing loads, and (4) extend such credit through 2016 for property related to hydrogen.

Increases the 30% energy tax credit for investment in fuel cell property to: (1) 40% for fuel cell property used in a combined heat and power system having an energy efficiency percentage of at least 60% but less than 70%, and (2) 50% for fuel cell property having an energy efficiency percentage of 70% or more. Increases the maximum dollar amount of the energy tax credit for investment in qualified fuel cell property.

]]> Fuel Cell and Hydrogen Infrastructure Act of 2014 Display Title Fuel Cell and Hydrogen Infrastructure Act of 2014 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to increase, expand, and extend the credit for hydrogen-related alternative fuel vehicle refueling property and to increase the investment credit for more efficient fuel cells. Introduced in Senate IS Short Titles as Introduced Fuel Cell and Hydrogen Infrastructure Act of 2014 Introduced in Senate 2014-07-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2573is/xml/BILLS-113s2573is.xml 2014-07-09 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.