Bill · H.R. 1752· House(119-HR-1752)

Technology for Energy Security Act

Age: 65 years

New York

Introduced: 2/27/2025
Last activity: 2/27/2025 — Referred to the House Committee on Ways and Means.
Sponsored by: Claudia Tenney
Cosponsors: - 3 - 7

Taxation

Introduced
In Committee

What this bill would do

This bill, known as the "Technology for Energy Security Act," aims to amend the Internal Revenue Code of 1986. It specifically focuses on extending the energy credit for qualified fuel cell property. The proposal would change the expiration date of this credit from January 1, 2025, to January 1, 2033. This change would apply to property where construction begins after December 31, 2024.

Yes· 3 of 7

Would business owners be better off under this?+3
The bill provides a predictable tax incentive for businesses looking to invest in fuel cell property through 2033.
Does this put more money into wind, solar and other renewable power?+3
The bill extends a tax credit specifically designed to encourage investment in fuel cell technology.
Does this cut taxes for small businesses?+2
The extension of the energy credit provides tax relief for businesses investing in fuel cell property.