This bill proposes to amend the Internal Revenue Code of 1986 to restrict federal tax incentives for certain offshore wind energy projects. Specifically, it seeks to disallow the production tax credit and the investment tax credit for offshore wind facilities. The legislation targets facilities situated in the inland navigable waters of the United States or the coastal waters of the United States , defining them as "disqualified offshore wind facilities." These amendments would impact energy produced and property placed in service beginning after December 31, 2025 , effectively removing these financial incentives for new projects in the specified areas.