HR. 1462In Committee
To amend the Internal Revenue Code of 1986 to disallow the production tax credit and investment tax credit for offshore wind facilities placed in service in the inland navigable waters of the United States or the coastal waters of the United States.
Amend the Internal Revenue Code to deny production and investment tax credits for offshore wind facilities placed in U.S. inland navigable or coastal waters
Plain-English overview
What this bill does
Amend the Internal Revenue Code to deny production and investment tax credits for offshore wind facilities placed in U.S. inland navigable or coastal waters
Key points
- Amend the Internal Revenue Code
- Repeal offshore wind tax credits
Current status
Where it stands
Status
In Committee
Latest action
2025-02-21 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation