S 1043 · 119th CongressIn Committeecongress.gov ↗

A bill to amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property.

What this bill does

AI plain-language summary

This bill gives people and businesses more time to get a tax credit for building fuel cell energy systems. Right now, the government offers a tax credit that covers up to 30% of the cost of these systems, but only if construction starts by the end of 2024. This bill pushes that deadline back by eight years, to the end of 2032, so people can still get the tax credit if they start building during that extra time.

Introduced

March 13, 2025

Policy Area

Taxation

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