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Hydrogen Infrastructure Finance: Supporting Clean Energy and Regional Development

This act establishes a pilot program to support the construction and modernization of hydrogen transportation and storage infrastructure. The goal is to advance clean energy, create new jobs, and reduce greenhouse gas emissions, potentially improving air quality and national energy stability.
Key points
A pilot program will provide grants and low-cost loans for hydrogen infrastructure projects, including pipelines, shipping, rail, and refueling stations.
Priority will be given to projects that significantly reduce greenhouse gas emissions, minimize environmental disturbance, and are located within existing infrastructure corridors.
The act promotes projects that create high-quality jobs in the U.S. and benefit low-income or disadvantaged communities.
Recipients of funding must implement hydrogen leakage monitoring, reporting, verification, detection, and repair programs to ensure safety and environmental protection.
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Additional Information
Print number: 118_HR_7200
Sponsor: Rep. Fitzpatrick, Brian K. [R-PA-1]
Process start date: 2024-02-01