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Hydrogen Secured Last-Minute Win in Budget Bill - Taxpayers for Common Sense
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Hydrogen Secured Last-Minute Win in Budget Bill - Taxpayers for Common Sense
The FY2025 budget reconciliation bill, known as the One Big Beautiful Bill Act (OBBBA), was signed into law on July 4th. The OBBBA put the final nail in the coffin for a broad suite of energy tax credits created by the Inflation Reduction Act (IRA), effectively killing or slashing electric vehicle, energy efficiency, wind, and solar tax credits by moving up expiration dates and phaseout schedules. The hydrogen production tax credit was originall…
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