The H.R. 1754, also known as the "Future Agriculture Retention and Management Act of 2025" or the "FARM Act of 2025", proposes changes to the Internal Revenue Code of 1986. The bill aims to restrict certain energy tax credits for renewable energy, like solar and wind,...
Simple Explanation
The FARM Act of 2025 wants to stop giving special money help, like rewards, to new solar and wind projects that are set up on farm lands. This means if people try to put these power things on farms, they won't get extra money benefits from the government.