,,ii  #aagth ,,congress  #ast ,session  
,s4 #ajag  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #be1    
#bjba,mr4 ,heinrich introduced the      
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to establish a  
tax credit for the production of        
hydrogen using electricity produced from
 renewable energy resources4  #a4 ,short
 title ,this ,act may be cited as the   
,clean ,hydrogen ,production ,incentives
 ,act of #bjba4  #b4 ,clean hydrogen    
production credit  7a7 ,in general      
,subpart ,d of part ,,iv of subchapter  
,a of chapter #a of the ,internal       
,revenue ,code of #aihf is amended by   
adding at the end the following new     
section3  #de,u4 ,clean hydrogen        
production credit  7a7 ,amount of credit
 ,for purposes of section #ch1 the clean
 hydrogen production credit for any     
taxable year is an amount equal to the  
product of-- 7#a7 the applicable amount1

 multiplied by  7#b7 the kilograms of   
clean hydrogen-- 7,a7 produced by the   
taxpayer at a qualified facility during 
the #aj-year period beginning on the    
date the facility was originally placed 
in service1 and  7,b7 sold by the       
taxpayer to an unrelated person during  
the taxable year4  7b7 ,applicable      
amount ,for purposes of subsection      
7a77#a71 the applicable amount shall be 
an amount equal to-- 7#a7 in the case of
 any facility the construction of which 
begins before ,january #a1 #bjbe1 #c4jj1
  7#b7 in the case of any facility the  
construction of which begins after      
,december #ca1 #bjbd1 and before        
,january #a1 #bjbf1 #b4dj1  7#c7 in the 
case of any facility the construction of
 which begins after ,december #ca1      
#bjbe1 and before ,january #a1 #bjbg1   
#a4fj1 and  7#d7 in the case of any     
facility the construction of which      
begins after ,december #ca1 #bjbf1 #j4  
7c7 ,clean hydrogen  7#a7 ,in general   
,for purposes of this section1 the term 

clean hydrogen means hydrogen produced--
 7,a7 using an electrolyzer for which   
the electricity used is produced from   
qualified renewable energy resources1 or
  7,b7 by any other process which has   
been determined by the ,secretary 7in   
consultation with the ,secretary of     
,energy7 to have a rate of carbon       
dioxide emissions per kilogram of       
hydrogen produced which is equal to or  
lower than such rate for such production
 from the process described in          
subparagraph 7,a74  7#b7 ,qualified     
renewable energy resources ,for purposes
 of this subsection1 the term qualified 
renewable energy resources means-- 7,a7 
wind1  7,b7 solar energy1  7,c7         
geothermal energy 7as defined in section
 #de7;c77#d771  7,d7 marine and         
hydrokinetic renewable energy 7as       
defined in section #de7;c77#aj771  7,e7 
hydropower1  7,f7 nuclear energy1 and   
7,g7 any other renewable energy resource
 that produces electricity without the  
use of fossil fuels 7as determined by   

the ,secretary1 in consultation with the
 ,secretary of ,energy74  7d7 ,qualified
 facility ,for purposes of this section1
 the term qualified facility means a    
facility owned by the taxpayer which is 
used for the production of clean        
hydrogen4  7e7 ,special rules ,rules    
similar to the rules of paragraphs 7#a71
 7#c71 7#d71 and 7#e7 of section #de7;e7
 shall apply for purposes of this       
section4  4  7b7 ,conforming amendments 
7#a7 ,section #ch7;b7 of the ,internal  
,revenue ,code of #aihf is amended--    
7,a7 in paragraph 7#cb71 by striking    
plus at the end1  7,b7 in paragraph     
7#cc71 by striking the period at the end
 and inserting 1 plus1 and  7,c7 by     
adding at the end the following new     
paragraph3  7#cd7 the clean hydrogen    
production credit determined under      
section #de,u7a74  4  7#b7 ,the table of
 sections for subpart ,d of part ,,iv of
 subchapter ,a of chapter #a of such    
,code is amended by adding at the end   
the following new item3  ,sec4 #de,u4   

,clean hydrogen production credit4  4   
7c7 ,effective date ,the amendments made
 by this section shall apply to         
facilities originally placed in service 
after ,december #ca1 #bjbj4