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.
About This Bill
Committee
Latest Action · March 18, 2025
Referred to the House Committee on Ways and Means.
H.R. 2187 would eliminate federal tax credits for offshore wind energy facilities located in U.S. inland navigable waters and coastal waters. Specifically, the bill removes eligibility for the investment tax credit and multiple production tax credits—including the clean electricity production credit and clean electricity investment tax credit—for these offshore wind projects. The legislation affects wind energy developers and companies planning to build offshore wind farms in U.S. waters, which would lose access to valuable federal tax incentives that currently help offset project costs. The changes would take effect on January 1, 2026, applying to wind facilities placed in service after that date and energy they produce. The bill does not establish new funding but rather eliminates existing tax benefits, meaning the changes would reduce federal revenue forgone on these types of renewable energy projects.
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