Senate Bill 1266
117th Congress(2021-2022)
Hydrogen Utilization and Sustainability Act
Introduced
Introduced in Senate on Apr 21, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1266
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Hydrogen Utilization and Sustainability Act
This bill expands the tax credit for producing electricity from renewable resources to include qualified hydrogen. The bill defines qualified hydrogen as hydrogen fuel certified as having a carbon intensity of not greater than 75 grams of CO2e (carbon dioxide equivalent) per kilowatt hour of electricity produced, as determined based on a lifecycle analysis.
April 21, 2021
04/21/2021
Read twice and referred to the Committee on Finance.
04/21/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:49:15 PM