Extends the energy investment tax credit for qualified fuel cell property for eight years.
Official title: A bill to amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property.
This bill appears to be dead.
No action recorded in 1 year, 3 months. The structural status reflects an earlier milestone, not current activity.
This bill extends the energy investment tax credit for qualified fuel cell property for eight years. Under current law, an energy investment tax credit of up to 30% of the cost of qualified fuel cell property is available provided construction of the qualified fuel cell property begins on or before December 31, 2024. This bill extends the energy investment tax credit to include qualified fuel cell property where construction begins on or before December 31, 2032.
Filed in the Senate
This senate bill has been filed and is working its way through Congress. It will need to pass both the Senate and the House, then be signed by the President to become law.
Who introduced this
Lindsey Graham
RepublicanU.S. Senator · SC
3 cosponsors — mostly Democrats
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