Policy

US Senate agrees two-year reprieve for 45V clean hydrogen tax credits as part of 'One Big Beautiful Bill'

New version of bill now has to be approved by House of Representatives, which had earlier voted to scrap the subsidy at the end of this year

Senate Majority Leader John Thune (R-SD) walks off the Senate floor after the Senate passed President Donald Trump's so-called One, Big, Beautiful Bill Acton 1 July.
Senate Majority Leader John Thune (R-SD) walks off the Senate floor after the Senate passed President Donald Trump's so-called One, Big, Beautiful Bill Acton 1 July.Photo: Andrew Harnik/Getty
Senior Reporter
Published 1 July 2025, 16:31Updated 1 July 2025, 16:31
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