119-s-1043119th CongressWALLET

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

Sponsored By: Senator Graham, Lindsey [R-SC]

Introduced

Summary

Extends the energy investment tax credit for qualified fuel cell property. The bill would let taxpayers claim the existing energy investment tax credit, up to 30% of the cost, for qualified fuel cell property when construction begins by December 31, 2032. It applies to property whose construction begins after December 31, 2024 and keeps the credit tied to the current definition of "qualified fuel cell property."

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Fuel cell tax credit extended to 2033

If enacted, you could keep claiming the federal fuel cell energy tax credit. It would cover qualified fuel cell property that begins construction after December 31, 2024. The credit window would run through January 1, 2033. The bill would not change credit amounts or formulas—only the dates and the construction-start rule.

Sponsors & CoSponsors

Sponsor

Graham, Lindsey [R-SC]

SC • R

Cosponsors

  • Sen. Blumenthal, Richard [D-CT]

    CT • D

    Sponsored 3/13/2025

  • Sen. Tillis, Thomas [R-NC]

    NC • R

    Sponsored 5/8/2025

  • Sen. Blunt Rochester, Lisa [D-DE]

    DE • D

    Sponsored 6/18/2025

Roll Call Votes

No roll call votes available for this bill.

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