H.R. 2133
119th CONGRESS 1st Session
To amend the Internal Revenue Code of 1986 to end the investment tax credit for offshore wind facilities in the inland navigable waters of the United States.
IN THE HOUSE OF REPRESENTATIVES · March 14, 2025 · Sponsor: Mr. Langworthy · Committee: Committee on Ways and Means
Table of contents
SEC. 1. Short title
- This Act may be cited as the Lakes Before Turbines Act.
SEC. 2. ITC for certain offshore wind facilities prohibited after 2022
- (a) In general
- of the Internal Revenue Code of 1986 is amended by inserting after . Section 48(a)(5)(F)(ii)
- (b) Effective date
- The amendment made by this section shall apply to taxable years beginning after December 31, 2022.