FuelCell Energy Inc (FCEL)

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Budget Deal Reinstates Fuel Cell Investment Tax Credit
Action seen as a boost for American workers and customers

Washington, DC (February 9, 2018) – The Fuel Cell and Hydrogen Energy Association (FCHEA) applauds the passage of the Bipartisan Budget Act of 2018 today, which included a reinstatement of the federal fuel cell investment tax credit (ITC).
“On behalf of America’s 10,000 fuel cell and hydrogen industry workers, scientists, and innovators, we thank Leader Mitch McConnell (R-KY) and Charles Schumer (D-NY) for moving forward with this bipartisan deal and righting this wrong. We also thank the Senators Dean Heller (R-NV) and Tom Carper (D-DE) and
Representatives Tom Reed (R-NY) and Patrick Meehan (R-PA), who sponsored legislation to address the ITCvissue,” said Morry Markowitz, President of the FCHEA. “We also want to recognize the members of the
Senate and House Fuel Cell Caucuses whose support helped secure passage of the ITC.”

https://static1.squarespace.com/static/53ab1feee4b0bef0179a1563/t/5a7dd7e1ec212d87974dbc79/1518196706062/ITC+Vehicles+Tax+PR+2018-2-8.pdf