118th Congress · HOUSE BILLBILL

H.R. 5820 — Technology for Energy Security Act

“To amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property.”

Taxation

Introduced Sep 28, 2023

Last action Sep 28, 2023

Pipeline · Bill → Law

Step 1

Introduced

Sep 28, 2023

Step 2

Referred

Sep 28, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

of 2023 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.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Sep 28, 2023

Introduced in House

Sep 28, 2023

Referred to the House Committee on Ways and Means.