Plain English
GovGreed Synthesis ·
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.
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Action Timeline
2025-02-27
Referred to the House Committee on Ways and Means.
2025-02-27
Introduced in House
2025-02-27
Introduced in House
Full Bill Text
119 HR 1752 IH: Technology for Energy Security Act U.S. House of Representatives 2025-02-27 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 1752 IN THE HOUSE OF REPRESENTATIVES February 27, 2025 Ms. Tenney (for herself, Mr. Larson of Connecticut , Mr. Carey , and Mr. Panetta ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to extend the energy credit for qualified fuel cell property. 1. Short Title This Act may be cited as the Technology for Energy Security Act . 2 Extension of energy credit for quality 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.
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