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[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2187 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 2187

 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.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 18, 2025

   Mr. Fallon (for himself, Mr. Gooden, Ms. Hageman, and Mr. Gill of 
    Texas) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

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                                 A BILL


 
 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. DISALLOWANCE OF INVESTMENT TAX CREDIT AND CLEAN ELECTRICITY 
              PRODUCTION CREDIT FOR CERTAIN OFFSHORE WIND FACILITIES.

    (a) Investment Tax Credit.--Section 48(a)(5) of the Internal 
Revenue Code of 1986 is amended by striking subparagraph (F).
    (b) Renewable Resources Production Tax Credit.--Section 45(d)(1) of 
such Code is amended by striking the period at the end and inserting 
``, or any facility which is located in the inland navigable waters of 
the United States or in the coastal waters of the United States''.
    (c) Clean Electricity Production Tax Credit.--Section 45Y(b)(1) of 
such Code is amended by adding at the end the following new 
subparagraph:
                    ``(E) Certain offshore wind facilities not treated 
                as qualified facilities.--
                            ``(i) In general.--The term `qualified 
                        facility' shall not include any disqualified 
                        offshore wind facility.
                            ``(ii) Disqualified offshore wind 
                        facility.--For purposes of this subparagraph, 
                        the term `disqualified offshore wind facility' 
                        means an offshore wind facility which is 
                        located in the inland navigable waters of the 
                        United States or in the coastal waters of the 
                        United States.''.
    (d) Clean Electricity Investment Tax Credit.--Section 48E(b)(3) of 
such Code is amended by adding at the end the following new 
subparagraph:
                    ``(D) Certain offshore wind facilities not treated 
                as qualified facilities.--The term `qualified facility' 
                shall not include any disqualified offshore wind 
                facility (as defined in section 45Y(b)(1)(E)(ii)).''.
    (e) Effective Date.--The amendment made by this section shall apply 
to energy produced and property placed in service after December 31, 
2025.
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