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Clean Hydrogen Production Incentives Act of 2021

USA117th CongressS-1017| Senate 
| Updated: 3/25/2021
Martin Heinrich

Martin Heinrich

Democratic Senator

New Mexico

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Mar 25, 2021
Introduced in Senate
Mar 25, 2021
Read twice and referred to the Committee on Finance.
  • March 25, 2021
    Introduced in Senate


  • March 25, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Air qualityAlternative and renewable resourcesClimate change and greenhouse gasesElectric power generation and transmissionIncome tax credits

Clean Hydrogen Production Incentives Act of 2021

USA117th CongressS-1017| Senate 
| Updated: 3/25/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 25, 2021
Introduced in Senate
Mar 25, 2021
Read twice and referred to the Committee on Finance.
  • March 25, 2021
    Introduced in Senate


  • March 25, 2021
    Read twice and referred to the Committee on Finance.
Martin Heinrich

Martin Heinrich

Democratic Senator

New Mexico

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Air qualityAlternative and renewable resourcesClimate change and greenhouse gasesElectric power generation and transmissionIncome tax credits