- Federal agenciesEliminates federal tax credits for offshore wind in inland navigable and coastal waters, reducing subsidy support.
- Federal agenciesReduces projected federal tax expenditures associated with those offshore wind credits.
- Potential benefitMay protect nearshore navigation, fishing, and coastal uses by discouraging nearby project siting.
To amend the Internal Revenue Code of 1986 to disallow the production tax credit…
Referred to the House Committee on Ways and Means.
This bill removes federal production and investment tax credits for offshore wind facilities located in the inland navigable waters or coastal waters of the United States. It amends sections of the Internal Revenue Code (Sections 48, 45, and 45Y) to exclude such facilities from eligibility and makes the change effective for energy produced and property placed in service after December 31, 2025.
Liberals stress climate and renewable-job losses; conservatives stress limiting subsidies and protecting coasts.
Narrow, easily understood change could attract supporters and opponents; likely partisan divide and industry pushback.
This bill removes federal production and investment tax credits for offshore wind facilities located in the inland navigable waters or coastal waters of the United States.
It amends sections of the Internal Revenue Code (Sections 48, 45, and 45Y) to exclude such facilities from eligibility and makes the change effective for energy produced and property placed in service after December 31, 2025.
The bill defines a "disqualified offshore wind facility" as one located in inland navigable waters or coastal waters.
Narrow but politically sensitive; likely to face unified opposition from energy and environmental stakeholders and high Senate barriers.
How solid the drafting looks.
Liberals stress climate and renewable-job losses; conservatives stress limiting subsidies and protecting coasts.
Who stands to gain, and who may push back.
These are examples from the analysis, not a ranked list of the most-affected groups.
- Potential burdenLikely reduces investment in U.S. offshore wind projects sited in the excluded waters.
- Potential burdenCould result in fewer construction and operations jobs tied to those offshore projects.
- UtilitiesMay slow deployment of utility-scale offshore wind generation, affecting clean energy supply growth.
Why the argument around this bill splits.
Liberals stress climate and renewable-job losses; conservatives stress limiting subsidies and protecting coasts.
Likely to oppose the bill as a step backward for federal renewable energy policy and climate goals.
Would view removing tax credits as reducing incentives for decarbonization, green jobs, and U.S. clean energy supply chains.
May argue the provision arbitrarily penalizes offshore wind without offering alternatives.
Mixed view: sympathetic to maritime, fisheries, and local impacts but cautious about removing clean-energy incentives outright.
Sees rationale for targeted siting rules but worries about clarity, market disruption, and climate targets.
Would look for narrower approaches or compensating measures.
Likely to support the bill as a reasonable limitation on federal subsidies and an assertion of local/ maritime interests.
Views it as preventing federal overreach, protecting navigation, fisheries, and coastal property values, and stopping taxpayer-funded support for contested projects.
The path through Congress.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow but politically sensitive; likely to face unified opposition from energy and environmental stakeholders and high Senate barriers.
- No Congressional cost estimate included
- Degree of industry and state lobbying response
Recent votes on the bill.
No vote history yet
The bill has not accumulated any surfaced votes yet.
Go deeper than the headline read.
Liberals stress climate and renewable-job losses; conservatives stress limiting subsidies and protecting coasts.
Narrow but politically sensitive; likely to face unified opposition from energy and environmental stakeholders and high Senate barriers.
Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for To amend the Internal Revenue Code of 1986 to disallow the pro…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.