3.0.0 5192 2022-12-31T09:00:07Z 2022-12-31T09:00:07Z House HR 2021-09-07 117 [Congressional Record Volume 167, Number 154 (Tuesday, September 7, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LARSON of Connecticut:H.R. 5192.Congress has the power to enact this legislation pursuantto the following:Article I of the Constitution[Page H4510]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-09-07T14:00:50Z 2021-09-07 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-09-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-09-07 Introduced in House IntroReferral 1000 9 Library of Congress L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 N D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 2021-09-07 True B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2021-09-07 True Taxation Taxation 00 2021-09-07 Introduced in House 2021-09-28T15:45:10Z Clean Hydrogen Production and Investment Tax Credit Act of 2021

This bill allows a new tax credit for the production of qualified clean hydrogen. The bill defines qualified clean hydrogen as hydrogen produced through a process that, as compared to hydrogen produced by steam-methane reforming, achieves a percentage reduction in lifecycle greenhouse gas emissions that is not less than 40%.

The bill also (1) expands the tax credit for electricity produced from renewable resources if the electricity is used to produce clean hydrogen, (2) allows an election to treat clean hydrogen production facilities as energy property for purposes of the energy tax credit, and (3) eliminates the excise tax credit for liquefied hydrogen.

]]> Clean Hydrogen Production and Investment Tax Credit Act of 2021 Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a credit for production of clean hydrogen, and for other purposes. Introduced in House IH Display Title Clean Hydrogen Production and Investment Tax Credit Act of 2021 Short Title(s) as Introduced Clean Hydrogen Production and Investment Tax Credit Act of 2021 Introduced in House IH Introduced in House 2021-09-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr5192ih/xml/BILLS-117hr5192ih.xml 2021-09-07 Referred to the House Committee on Ways and Means. 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.