Hydrogen Infrastructure Finance and Innovation Act

Hozzl · 2023-12-15T16:06:20Z

Explore the details of Senate Bill 649 Hydrogen Infrastructure Finance and Innovation Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Energy. Stay informed on legislative developments.

12/15/2023, 4:06 PM

Congressional Summary of S 649

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.

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Current Status of Bill S 649

Bill S 649 is currently in the status of Bill Introduced since March 2, 2023. Bill S 649 was introduced during Congress 118 and was introduced to the Senate on March 2, 2023. Bill S 649's most recent activity was Read twice and referred to the Committee on Energy and Natural Resources. as of March 2, 2023

Bipartisan Support of Bill S 649

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 649

Primary Policy Focus

Energy

Potential Impact Areas

Alternative and renewable resourcesBusiness recordsClimate change and greenhouse gasesEconomic performance and conditionsEnergy researchEnergy storage, supplies, demandEnvironmental assessment, monitoring, researchGovernment lending and loan guaranteesGovernment studies and investigationsInfrastructure developmentInterest, dividends, interest ratesMotor carriersOil and gasPipelinesResearch and developmentTransportation programs funding

Alternate Title(s) of Bill S 649

Hydrogen Infrastructure Finance and Innovation ActHydrogen Infrastructure Finance and Innovation ActA bill to require the Secretary of Energy to establish a hydrogen infrastructure finance and innovation pilot program, and for other purposes.

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