REVENUE-HYDROGEN FUEL

What it does

The legislature's own summary of the bill, or its official long title.

Creates the Hydrogen Fuel Replacement Tax Credit Act. Creates an income tax credit in an amount equal to $1 per kilogram of eligible zero-carbon hydrogen used by the eligible taxpayer during the tax year for which a credit is sought. Provides that the credit shall be increased by $0.15 per kilogram of eligible zero-carbon hydrogen if the eligible taxpayer uses contractors or employs labor at a project location in an equity investment eligible community. Effective immediately.

Every action

4 steps, oldest first, as the legislature records them.

1. Feb 16, 2023HouseFiled with the Clerk by Rep. Lawrence "Larry" Walsh, Jr.
2. Feb 16, 2023HouseFirst Reading
3. Feb 16, 2023CommitteeReferred to Rules Committee · House Rules
4. Jan 7, 2025HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Lawrence "Larry" Walsh, Jr.D Primary sponsor · District 86