H. R. 1462 proposes changes to the Internal Revenue Code of 1986 to stop giving tax incentives like the production tax credit and investment tax credit to offshore wind facilities located in the inland navigable waters or coastal waters of the United States. Specifically, it...
Simple Explanation
In 2025, a new rule could stop giving special money help to people who build windmills in the water near the United States, making it harder for them to make clean energy there. This might make fewer people want to make windmills in those water places.