S 4970
Hydrogen Utilization and Sustainability Act
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill, the Hydrogen Utilization and Sustainability Act, expands the existing tax credit for renewable electricity production to include electricity generated from ‘qualified hydrogen.’ Qualified hydrogen is defined as hydrogen fuel certified by the Secretary of Energy as having non-positive carbon intensity, based on a lifecycle analysis. The legislation creates rules for facilities using this hydrogen to qualify for the tax credit, including requirements regarding the percentage of electricity produced from hydrogen and the start date of facility modifications.
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