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S 1017 United States Senate · 117th Congress

Clean Hydrogen Production Incentives Act of 2021

Summary
Clean Hydrogen Production Incentives Act of 2021 This bill allows a new tax credit for the production of clean hydrogen using electricity produced from renewable energy resources (e.g., wind, solar, geothermal, nuclear energy). The bill defines clean hydrogen as hydrogen produced using an electrolyzer for which the electricity used is produced from qualified renewable energy resources, or by any other process which has been determined to have a rate of carbon dioxide emissions per kilogram of hydrogen produced equal to or lower than such rate for such production using other specified processes.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill creates new tax credit for clean hydrogen production, directly advancing tax incentives for renewable energy sector.95% confidence ✓ EnergySupports EnergyBill creates tax credit for clean hydrogen using renewable energy, directly funding clean energy infrastructure and reducing fossil fuel dependence per its definition of 'clean hydrogen'.95% confidence ✓ EnvironmentSupports EnvironmentBill provides tax credit for clean hydrogen using renewable energy, promoting low-carbon energy and reducing emissions per defined criteria.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 25, 2021 Last action Mar 25, 2021
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Mar 25, 2021
Committee
Read twice and referred to the Committee on Finance.
upper
Mar 25, 2021
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Martin Heinrich
Martin Heinrich
DDemocratic
NM
n/a