S 1807 · 117th Congress · Taxation

Clean H2 Production Act

Introduced 2021-05-25· Sponsored by Sen. Carper, Thomas R. [D-DE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2021-05-25)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only