arrow_back Back to App

Tax Credits for Fuel Cells: Boosting Clean Energy Production

This act expands tax credits for energy production to include new types of fuel cells. This means businesses and individuals investing in specific clean energy technologies may qualify for lower taxes, potentially fostering the development of greener energy solutions and possibly reducing future energy costs.
Key points
Extends energy tax credits to include fuel cells using electromechanical processes.
Includes fuel cells with linear generator assemblies (without rotating parts) for tax credit eligibility.
Changes apply to property placed in service after the act's enactment date.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_4010
Sponsor: Rep. Panetta, Jimmy [D-CA-20]
Process start date: 2021-06-17