This bill seeks to prevent the conversion of prime agricultural land for solar energy development by restricting federal funding and tax incentives. It explicitly prohibits any federal agency from using federal funds, including providing loans or loan guarantees, for covered solar energy projects that would result in the conversion of prime farmland . A covered solar energy project is defined as a ground-mounted facility for electricity generation from solar energy, primarily for sale, while conversion means any activity causing the farmland to fail agricultural production requirements. Additionally, the legislation amends the Internal Revenue Code to exclude solar energy facilities located on prime farmland from several key clean energy tax credits. These exclusions apply to the residential clean energy credit , the renewable electricity production credit , the clean electricity production credit , the energy credit , and the clean electricity investment credit . This measure effectively removes significant financial incentives for installing solar infrastructure on valuable agricultural land, reinforcing the bill's objective to preserve farmland.
This bill seeks to prevent the conversion of prime agricultural land for solar energy development by restricting federal funding and tax incentives. It explicitly prohibits any federal agency from using federal funds, including providing loans or loan guarantees, for covered solar energy projects that would result in the conversion of prime farmland . A covered solar energy project is defined as a ground-mounted facility for electricity generation from solar energy, primarily for sale, while conversion means any activity causing the farmland to fail agricultural production requirements. Additionally, the legislation amends the Internal Revenue Code to exclude solar energy facilities located on prime farmland from several key clean energy tax credits. These exclusions apply to the residential clean energy credit , the renewable electricity production credit , the clean electricity production credit , the energy credit , and the clean electricity investment credit . This measure effectively removes significant financial incentives for installing solar infrastructure on valuable agricultural land, reinforcing the bill's objective to preserve farmland.