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Tax credits for clean hydrogen production from renewable energy sources.

This act introduces new tax credits for companies producing clean hydrogen from renewable energy sources. The goal is to support environmentally friendly technologies and reduce reliance on fossil fuels, potentially impacting future energy costs.
Key points
Companies producing clean hydrogen from wind, solar, geothermal, hydro, or nuclear energy can receive a tax credit.
The credit amount depends on when the facility construction begins, decreasing over time.
The aim is to encourage investment in clean hydrogen production, potentially leading to cleaner air and new jobs in the green energy sector.
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Expired
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Additional Information
Print number: 117_S_1017
Sponsor: Sen. Heinrich, Martin [D-NM]
Process start date: 2021-03-25
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Clean Hydrogen Production Incentives Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1017.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-25.

What are the main provisions?

Key points include:

  • Companies producing clean hydrogen from wind, solar, geothermal, hydro, or nuclear energy can receive a tax credit.
  • The credit amount depends on when the facility construction begins, decreasing over time.
  • The aim is to encourage investment in clean hydrogen production, potentially leading to cleaner air and new jobs in the green energy sector.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Heinrich, Martin [D-NM].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Taxes Environment Economy