This bill would make offshore wind facilities in U.S. inland navigable waters or coastal waters ineligible for certain renewable electricity production and investment tax credits. The changes would apply to energy produced and property placed in service after December 31, 2025.
The bill would change tax credit eligibility for affected offshore wind facilities. It does not describe direct changes for households or other taxpayers.
The bill does not state costs or savings. It would remove specified tax credits for affected facilities after the effective date.
No publicly available information.
No publicly available information.