S. 1807 · 117th Congress
Clean H2 Production Act
- Stage
- In committee
- Sponsor
- Thomas Carper
- Introduced
- 2021-05-25
- Latest action
- 2021-05-25 · Introduced in Senate
Summary
Clean H2 Production Act
This bill provides tax incentives for the production of clean hydrogen and for investment in clean hydrogen production facilities. Specifically, it allows a new business-related tax credit for the production of specified amounts of qualified clean hydrogen. The bill defines qualified clean hydrogen as hydrogen that is produced through a process that, as compared to hydrogen produced by steam-methane reforming of nonrenewable natural gas, achieves a percentage reduction in life cycle greenhouse gas emissions that is not less than 50%.
The bill also expands the energy tax credit to include clean hydrogen production facilities.