Businesses would get tax breaks for fuel cell property for eight more years.
Right now, a tax credit for building fuel cell property is set to end in 2025. This bill would extend that tax credit until 2033. This means businesses and individuals who build qualified fuel cell property could continue to get a tax break for an additional eight years.
Today, the energy tax credit for qualified fuel cell property is set to expire for projects starting on or after January 1, 2025. If this bill becomes law, that tax credit would be extended, applying to projects that begin construction before January 1, 2033.
HR 1752 · 119th Congress · February 27, 2025 · AI Summary by gemini-2.5-flash · 9/10
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