American Chemistry Council filed 4 comments on this docket between Feb 12, 2024 and Mar 5, 2024. 157 other organizations filed here. The comment window closed 883d ago.
ACC requests the following persons be granted building access to accompany Charles Franklin who will be providing testimony on ACC's behalf in response to the 45V Clean Hydrogen Production NPRM: Robert Flagg, Senior Director - Federal Affairs Trevor Balough, Associate Director - Energy & Climate
ACC Public Hearing Outline
The American Chemistry Council (ACC) appreciates the opportunity to comment on the proposed Section 45V Clean Hydrogen Production Tax Credit Notice of Proposed Rulemaking (NPRM). ACC represents a diverse set of companies engaged in the business of chemistry – a $639 billion enterprise. ACC members work to solve some of the biggest challenges facing our Nation and our world, driving innovation through investments in research and development (R&D) that exceed $13.4 billion annually. The chemical sector is incredibly diverse, touching every sector of the economy at every level of the nation's value chain.
On behalf of the American Chemistry Council (ACC) and its members, we respectfully request an extension to the comment deadline on the Section 45V Clean Hydrogen Production Tax Credit (CHPTC) proposal. As critical producers, users, and enablers in a new hydrogen economy, our members see the 45V tax credit as one of the most important elements of the IRA/BIL lower emissions economy framework. For reasons presented below, ACC respectfully requests a 30-day extension to the comment period for the proposed CHPTC rule to provide ACC and other stakeholders time to complete a review and analysis of the multiple policy and technical documents included with the proposal, and further encourage Treasury to supplement its analysis provided with the proposed rule on several issues.
This document contains proposed regulations relating to the credit for production of clean hydrogen (clean hydrogen production credit) and the energy credit, as established and amended by the Inflation Reduction Act of 2022, respectively.
View on regulations.gov →