# 117-hr-4720: Energy Sector Innovation Credit Act of 2021

117-hr-4720, Energy Sector Innovation Credit Act of 2021, is a 117th Congress bill sponsored by Rep. Reed, Tom [R-NY-23] (R-NY); status ASSUMING FIRST SPONSORSHIP - Mr. Schweikert asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4720, a bill originally introduced by Representative Reed, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-4720
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-4720
- Congress: 117
- Title: Energy Sector Innovation Credit Act of 2021
- Status: ASSUMING FIRST SPONSORSHIP - Mr. Schweikert asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 4720, a bill originally introduced by Representative Reed, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
- Introduced: 2021-07-27
- Sponsor: Rep. Reed, Tom [R-NY-23] (R-NY)
- Cosponsors: 10
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Energy Sector Innovation Credit Act of 2021 This bill adds new tax credits for investment in qualified emerging technology energy property and for the production of electricity from emerging energy technology. The bill defines qualified emerging energy property as property that is constructed, reconstructed, erected, or acquired by the taxpayer and is (1) a facility for the production of electricity from emerging energy technology, (2) carbon capture equipment, or (3) energy storage technology. The bill also adds a new tax credit for the production of electricity from clean hydrogen. The bill defines clean hydrogen as hydrogen that is produced through a production method for which the rate of the greenhouse gas emission is greater than zero and not greater that 2,500g CO2-e per kilogram of hydrogen produced, or is equal to or less than zero.

## Cosponsors (10)

- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2021-07-27T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2021-07-27T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2021-07-27T00:00:00.000Z
- Rep. Schweikert, David [R-AZ-1] (R-AZ), 2021-07-27T00:00:00.000Z
- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2021-07-27T00:00:00.000Z
- Rep. Burgess, Michael C. [R-TX-26] (R-TX), 2021-07-28T00:00:00.000Z
- Rep. Miller, Carol D. [R-WV-1] (R-WV), 2021-11-01T00:00:00.000Z
- Rep. Timmons, William R. [R-SC-4] (R-SC), 2021-12-01T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2022-04-11T00:00:00.000Z
- Rep. Donalds, Byron [R-FL-19] (R-FL), 2022-08-19T00:00:00.000Z

## Related bills

- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-5577: To designate the facility of the United States Postal Service located at 3900 Crown Road Southwest in Atlanta, Georgia, as the "John R. Lewis Post Office Build…
- 117-hr-1085: To award three congressional gold medals to the United States Capitol Police and those who protected the U.S. Capitol on January 6, 2021.
- 117-hr-1193: Cardiovascular Advances in Research and Opportunities Legacy Act
- 117-hr-2748: Israel Relations Normalization Act of 2021

## Sources
- [117-hr-4720 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/4720)

## Related
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-5577: To designate the facility of the United States Postal Service located at 3900 C…](https://policyrisk.com/legislation/117-hr-5577)
- [117-hr-1085: To award three congressional gold medals to the United States Capitol Police an…](https://policyrisk.com/legislation/117-hr-1085)
- [117-hr-1193: Cardiovascular Advances in Research and Opportunities Legacy Act](https://policyrisk.com/legislation/117-hr-1193)
- [117-hr-2748: Israel Relations Normalization Act of 2021](https://policyrisk.com/legislation/117-hr-2748)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-4720 (as of 2025-11-18).