Proposal:Clean Hydrogen Production and Investment Tax Credit Act of 2021

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.

Bill	HR 5192
Type of Legislation	House Bill
Congress	117
Status	Archived — 117th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

Clean Hydrogen Production and Investment Tax Credit Act of 2021

This bill allows a new tax credit for the production of qualified clean hydrogen. The bill defines qualified clean hydrogen as hydrogen produced through a process that, as compared to hydrogen produced by steam-methane reforming, achieves a percentage reduction in lifecycle greenhouse gas emissions that is not less than 40%.

The bill also (1) expands the tax credit for electricity produced from renewable resources if the electricity is used to produce clean hydrogen, (2) allows an election to treat clean hydrogen production facilities as energy property for purposes of the energy tax credit, and (3) eliminates the excise tax credit for liquefied hydrogen.

Bill Title

Clean Hydrogen Production and Investment Tax Credit Act of 2021

Linked Goals

• Goal:Promote General Welfare

Steps

• 2021-09-07: Referred to the House Committee on Ways and Means.
• 2021-09-07: Introduced in House
• 2021-09-07: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.