arrow_back Back to App

Extending Tax Credit for Fuel Cell Energy Property Until 2033.

This bill extends a crucial tax credit for individuals and businesses investing in qualified fuel cell technology used for clean energy production. The credit, originally set to expire in 2025, will now be available until January 1, 2033. This provides citizens and companies with a longer window to benefit from tax reductions when adopting greener power sources.
Key points
Extends the eligibility period for the energy tax credit for qualified fuel cell property by eight years (until January 1, 2033).
Provides continued financial support for investments in clean energy technology, potentially lowering the initial cost barrier for citizens and businesses installing these systems.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_3027
Sponsor: Sen. Carper, Thomas R. [D-DE]
Process start date: 2023-10-04
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

A bill to amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3027.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-10-04.

What are the main provisions?

Key points include:

  • Extends the eligibility period for the energy tax credit for qualified fuel cell property by eight years (until January 1, 2033).
  • Provides continued financial support for investments in clean energy technology, potentially lowering the initial cost barrier for citizens and businesses installing these systems.
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. Carper, Thomas R. [D-DE].

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 2025-12-26.

CATEGORIES

Taxes Environment Economy