Following the passage of the tax reform bill by the House of Representatives, the Fuel Cell and Hydrogen Energy Association (FCHEA), and its member company CEOs issued the following statements on the legislation.
One provision in the bill reinstates and phases out the Section 48 Investment Tax Credit for fuel cells and other technologies, mirroring a legislative initiative spearheaded by Congressman Tom Reed (R-NY), Congressman Patrick Meehan (R-PA) and 115 bipartisan cosponsors.