The Inflation Reduction Act (IRA) offers unprecedented incentives for deploying and scaling low-carbon technologies. The provisions outlined in the IRA are particularly impactful for Texas, which is poised to lead the global energy transition. In this project, we will conduct a comprehensive and fine-grained modeling and analysis of the impacts of the IRA provisions on the costs of producing hydrogen, from various clean hydrogen production technological pathways, including natural gas, electrolysis, and biomass. Based on the projected performances and costs of technologies set to be commercially deployed in the early 2030s, along with the IRA tax credits applicable to various technologies, we will compare the levelized cost of fuel production (LCOF) of clean H2 with the production costs of fossil-based benchmarks (gray H2), with the goal to identify the most suitable hydrogen production pathway for Texas. We will also perform an extensive set of sensitivity analyses to address the uncertainties associated with the cost and readiness of technologies. In addition, we will assess whether IRA incentives alone are sufficient to initiate the state's hydrogen economy or if additional policies are required. The decision-relevant insights revealed by the proposed project will not only catapult Texas into the forefront of clean hydrogen production but also secure its early and commanding position in the emerging hydrogen economy.