A. The State of Oklahoma shall set a hydrogen fuel production standard that will serve as an annual goal to be reached each year through 2028 to increase the production of hydrogen fuel in the state. Such hydrogen fuel production standard shall be to produce Two Million Metric Tons (2 MMT) of hydrogen fuel using a low or zero carbon source of energy annually by 2028.

B. Every qualified hydrogen fuel production facility that produces hydrogen fuel in this state shall report to the Corporation Commission by March 1 each year the amount of hydrogen fuel produced in the preceding calendar year and the low or zero carbon source of energy used to produce the hydrogen fuel. The Commission shall begin collecting the reports no later than March 1, 2024, and shall report annually to the President Pro Tempore of the Senate, the Speaker of the House of Representatives, and the Governor the annual hydrogen fuel production amount produced by qualified hydrogen production facilities for the preceding calendar year, gathered from reports submitted pursuant to this subsection, no later than May 1 of the first year of collection and each year thereafter. The Commission shall promulgate rules to effectuate the provisions of this subsection.

C. For purposes of this section, qualifying hydrogen fuel production shall include: