FHETAFlorida Hydrogen Energy Technologies Act
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The Florida Department of Environmental Protection (DEP) recently announced that the Florida Hydrogen Energy Technologies Act (FHETA), a legislative proposal focusing on hydrogen energy technologies and incentives, was unanimously approved last week by the Florida House of Representatives.
According to DEP, FHETA provides state companies with a four-year, 75-percent corporate tax credit for expenditures and a 100-percent sales tax exemption on related equipment purchasing.