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To amend the Internal Revenue Code of 1986 to exclude property and facilities located on prime farmland from certain credits relating to renewable energy production and investment.

2/7/2025, 5:54 PM

Summary of Bill HR 1080

Bill 119 HR 1080 aims to make changes to the Internal Revenue Code of 1986 in order to exclude property and facilities situated on prime farmland from receiving certain credits related to renewable energy production and investment. The bill specifically targets properties located on prime farmland, which is land that is considered to be of high quality for agricultural purposes.

The purpose of this bill is to prevent the development of renewable energy projects on prime farmland, as these projects can have negative impacts on the ability of farmers to use the land for agricultural purposes. By excluding prime farmland from receiving certain credits for renewable energy production and investment, the bill seeks to protect the agricultural industry and ensure that valuable farmland is not taken out of production for energy projects.

Overall, Bill 119 HR 1080 is aimed at balancing the promotion of renewable energy with the protection of prime farmland for agricultural use. It is important to note that this bill is still in the early stages of the legislative process and may undergo changes before potentially becoming law.

Congressional Summary of HR 1080

No Solar Panels on Fertile Farmland Act of 2025

This bill excludes expenses for certain property and facilities placed into service on prime farmland from multiple energy-related tax credits.

Specifically, the bill excludes expenses for property placed into service on prime farmland from the

  • residential clean energy tax credit (tax credit for up to 30% of the cost to install solar water heating property, solar electric property, fuel cell property, small wind energy property, geothermal heat pump property, or battery storage technology);
  • renewable electricity production tax credit (tax credit for electricity that is produced from a qualified facility [for which construction generally begins before 2025] using wind, solar, or other specific types of renewable energy);
  • clean electricity production tax credit (tax credit for electricity that is produced from a qualified facility that is placed into service after 2024 and has a greenhouse gas emissions rate of zero);
  • energy investment tax credit (tax credit for investment in qualifying energy property for which construction generally begins before 2025, with some limited exceptions); and
  • clean electricity investment tax credit (tax credit for investment in qualifying energy property placed into service after 2024 and has an anticipated greenhouse gas emissions rate of zero).

The bill defines prime farmland as land with the best combination of physical and chemical characteristics for the production of food and other related uses.

Current Status of Bill HR 1080

Bill HR 1080 is currently in the status of Bill Introduced since February 6, 2025. Bill HR 1080 was introduced during Congress 119 and was introduced to the House on February 6, 2025.  Bill HR 1080's most recent activity was Referred to the House Committee on Ways and Means. as of February 6, 2025

Bipartisan Support of Bill HR 1080

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1080

Primary Policy Focus

Alternate Title(s) of Bill HR 1080

To amend the Internal Revenue Code of 1986 to exclude property and facilities located on prime farmland from certain credits relating to renewable energy production and investment.
To amend the Internal Revenue Code of 1986 to exclude property and facilities located on prime farmland from certain credits relating to renewable energy production and investment.

Comments

Kya Link profile image

Kya Link

655

1 year ago

I think this bill is good for farms. Will it help my neighbor's farm too?