Referred to the House Committee on Ways and Means.
The bill amends the Internal Revenue Code to disallow the investment tax credit and production/clean electricity credits for offshore wind facilities located in the inland navigable waters or the coastal waters of the United States. It modifies sections 45, 45Y, 48, and 48E to exclude such facilities from qualified status.
Left emphasizes climate and jobs losses; right emphasizes subsidy reduction and local impacts.
Relative to its intended legislative type, this bill is a narrowly targeted substantive change to the Internal Revenue Code that is mechanically precise in amending specific tax-credit provisions and provides an explicit effective date.
The bill amends the Internal Revenue Code to disallow the investment tax credit and production/clean electricity credits for offshore wind facilities located in the inland navigable waters or the coastal waters of the United States.
It modifies sections 45, 45Y, 48, and 48E to exclude such facilities from qualified status.
The rule applies to energy produced and property placed in service after December 31, 2025.
Narrow statutory change but politically sensitive; reduces popular clean-energy incentives and lacks compromise features, lowering enactment chances.
Relative to its intended legislative type, this bill is a narrowly targeted substantive change to the Internal Revenue Code that is mechanically precise in amending specific tax-credit provisions and provides an explicit effective date. It lacks definitional precision for the geographic terms it relies on, omits discussion of transitional or partial-location edge cases, and contains no fiscal-impact or reporting provisions.
Left emphasizes climate and jobs losses; right emphasizes subsidy reduction and local impacts.
These are examples from the analysis, not a ranked list of the most-affected groups.
Left emphasizes climate and jobs losses; right emphasizes subsidy reduction and local impacts.
Likely to oppose the bill as a restriction on federal support for renewable energy deployment.
They will emphasize harms to U.S. clean energy buildout, climate goals, and related job growth.
Mixed view: sees rationale for limiting some subsidies, but worries about climate and economic impacts.
Would look for clearer definitions and measured, evidence-based tradeoffs.
Likely to support the bill as a sensible rollback of federal subsidies for nearshore offshore wind.
Emphasizes limiting federal spending and protecting navigation, fishing, and coastal property interests.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow statutory change but politically sensitive; reduces popular clean-energy incentives and lacks compromise features, lowering enactment chances.
The bill has not accumulated any surfaced votes yet.
Left emphasizes climate and jobs losses; right emphasizes subsidy reduction and local impacts.
Narrow statutory change but politically sensitive; reduces popular clean-energy incentives and lacks compromise features, lowering enactmen…
Relative to its intended legislative type, this bill is a narrowly targeted substantive change to the Internal Revenue Code that is mechanically precise in amending specific tax-credit provisions and provides an explici…
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