S 1043
A bill to amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill extends the tax credit available to businesses and individuals who invest in qualified fuel cell property. Currently, the credit is set to expire on December 31, 2024, but this legislation extends it until December 31, 2032. This extension aims to encourage the development and use of fuel cell technology, which generates electricity with reduced emissions. The bill modifies a section of the Internal Revenue Code to reflect this extended timeframe.
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Primary sponsor
Cosponsors
Thomas Tillis
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