Ways and Means Committee, Energy and Commerce Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
This bill establishes new restrictions to prevent the conversion of prime farmland for solar energy development. It prohibits federal agencies from using federal funds, including loans or loan guarantees, for ground-mounted solar energy projects primarily intended for electricity sale if such projects would result in the conversion of prime farmland. The term "conversion" refers to any activity that causes the farmland to no longer meet state requirements for agricultural production. Additionally, the legislation amends the Internal Revenue Code to exclude solar energy property and facilities located on prime farmland from eligibility for several federal clean energy tax credits. These include the residential clean energy credit, the renewable electricity production credit, the clean electricity production credit, the energy credit, and the clean electricity investment credit. These provisions aim to remove financial incentives for solar energy installations on valuable agricultural land, applying to property and facilities placed in service after the bill's enactment.
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Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
This bill establishes new restrictions to prevent the conversion of prime farmland for solar energy development. It prohibits federal agencies from using federal funds, including loans or loan guarantees, for ground-mounted solar energy projects primarily intended for electricity sale if such projects would result in the conversion of prime farmland. The term "conversion" refers to any activity that causes the farmland to no longer meet state requirements for agricultural production. Additionally, the legislation amends the Internal Revenue Code to exclude solar energy property and facilities located on prime farmland from eligibility for several federal clean energy tax credits. These include the residential clean energy credit, the renewable electricity production credit, the clean electricity production credit, the energy credit, and the clean electricity investment credit. These provisions aim to remove financial incentives for solar energy installations on valuable agricultural land, applying to property and facilities placed in service after the bill's enactment.
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Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.