An Act providing for duties of Environmental Quality Board, for investigatory proceedings for clean hydrogen projects, for regulations for clean hydrogen projects, for applications for clean hydrogen projects and for duties of investor-owned utilities; and establishing the Clean Hydrogen Tax Credit Program.

This Pennsylvania bill establishes the Clean Hydrogen Production Act to regulate the development of clean hydrogen projects and create a state tax credit program to support them. It directs the Environmental Quality Board to oversee applications, conduct investigations, and set specific rules for these projects while requiring investor-owned utilities to report on their activities and federal funding. The legislation defines clean hydrogen based on low emissions standards and includes provisions to consider the impact on disproportionately impacted communities during the review process. Additionally, the bill creates a tax credit system that allows businesses to claim credits for qualifying clean hydrogen production, with options to carry forward, carry back, or sell these credits.