S. 1043 — Introduced in Senate

II 119th CONGRESS 1st Session S. 1043 IN THE SENATE OF THE UNITED STATES March 13, 2025Mr. Graham (for himself and Mr. Blumenthal) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property. 1. Extension of energy credit for qualified fuel cell property (a) In general Section 48(c)(1)(E) of the Internal Revenue Code of 1986 is amended by striking January 1, 2025 and inserting January 1, 2033. (b) Effective date The amendments made by this section shall apply to property the construction of which begins after December 31, 2024.