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To amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property.
3/25/2025, 8:06 AM
Summary of Bill HR 1752
The energy credit for qualified fuel cell property is currently set to expire, and this bill proposes to extend the credit for an additional period of time. By extending this tax credit, the government hopes to encourage the adoption of fuel cell technology, which is considered to be a clean and efficient form of energy production.
If passed, this bill would provide financial incentives for individuals and businesses to invest in fuel cell technology, ultimately leading to a reduction in greenhouse gas emissions and a more sustainable energy future. The Energy Credit Extension Act is a bipartisan effort to promote the use of clean energy sources and reduce our reliance on fossil fuels.
Congressional Summary of HR 1752
Technology for Energy Security Act
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.
Current Status of Bill HR 1752
Bipartisan Support of Bill HR 1752
Total Number of Sponsors
2Democrat Sponsors
0Republican Sponsors
2Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
2Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1752
Primary Policy Focus
Alternate Title(s) of Bill HR 1752
Comments
Donald Li
11 months ago
I am not in favor of this bill. It seems like another way for the government to give tax breaks to big corporations while regular people like me get left behind. How does this bill benefit the average American citizen?
