3.0.0 1807 2023-01-11T13:50:03Z 2023-01-11T13:50:03Z Senate S 2021-05-25 117 ssfi00 Finance Committee Senate Standing Referred to 2021-05-25T19:39:15Z 2021-05-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-05-25 Introduced in Senate IntroReferral 10000 9 Library of Congress C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. N Taxation Air quality Alternative and renewable resources Business investment and capital Climate change and greenhouse gases Employment and training programs Government information and archives Income tax credits Inflation and prices Labor standards Wages and earnings Taxation 00 2021-05-25 Introduced in Senate 2021-07-07T14:00:25Z Clean H2 Production Act

This bill provides tax incentives for the production of clean hydrogen and for investment in clean hydrogen production facilities. Specifically, it allows a new business-related tax credit for the production of specified amounts of qualified clean hydrogen. The bill defines qualified clean hydrogen as hydrogen that is produced through a process that, as compared to hydrogen produced by steam-methane reforming of nonrenewable natural gas, achieves a percentage reduction in life cycle greenhouse gas emissions that is not less than 50%.

The bill also expands the energy tax credit to include clean hydrogen production facilities.

]]> Clean H2 Production Act Display Title Clean H2 Production Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for a production and investment tax credit related to the production of clean hydrogen. Introduced in Senate IS Short Title(s) as Introduced Clean H2 Production Act Introduced in Senate IS Introduced in Senate 2021-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s1807is/xml/BILLS-117s1807is.xml 2021-05-25 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.