Hydrogen Infrastructure Finance and Innovation Act

12/15/2023, 4:06 PM

Hydrogen Infrastructure Finance and Innovation Act

This bill requires the Department of Energy (DOE) to establish a hydrogen infrastructure finance and innovation pilot program. Under the program, DOE must provide grants and low-interest loans to certain entities for hydrogen infrastructure, including projects for hydrogen transportation, storage, or delivery.

Congress
118

Number
S - 649

Introduced on
2023-03-02

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/2/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Hydrogen Infrastructure Finance and Innovation Act

This bill requires the Department of Energy (DOE) to establish a hydrogen infrastructure finance and innovation pilot program. Under the program, DOE must provide grants and low-interest loans to certain entities for hydrogen infrastructure, including projects for hydrogen transportation, storage, or delivery.

Alternative Names
Official Title as IntroducedA bill to require the Secretary of Energy to establish a hydrogen infrastructure finance and innovation pilot program, and for other purposes.

Policy Areas
Energy

Potential Impact
Alternative and renewable resources
Business records
Climate change and greenhouse gases
Economic performance and conditions
Energy research
Energy storage, supplies, demand
Environmental assessment, monitoring, research
Government lending and loan guarantees
Government studies and investigations
Infrastructure development
Interest, dividends, interest rates
Motor carriers
Oil and gas
Pipelines
Research and development
Transportation programs funding

Comments

Recent Activity

Latest Summary7/20/2023

Hydrogen Infrastructure Finance and Innovation Act

This bill requires the Department of Energy (DOE) to establish a hydrogen infrastructure finance and innovation pilot program. Under the program, DOE must provide grants and low-int...


Latest Action3/2/2023
Read twice and referred to the Committee on Energy and Natural Resources.