Bill · H.R. 2133· House(119-HR-2133)
Lakes Before Turbines Act
- Introduced
- 3/14/2025
- Last activity
- 3/14/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Nicholas Langworthy
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "Lakes Before Turbines Act," aims to amend the Internal Revenue Code of 1986. The primary goal is to end the investment tax credit for offshore wind facilities located in the inland navigable waters of the United States. Specifically, it seeks to exclude the Great Lakes from these credits. The changes would apply to taxable years beginning after December 31, 2022.
Yes
Does this reduce what the federal government owes?+1
Reducing tax expenditures for offshore wind facilities may slightly decrease the federal deficit.
Does this make the government pay for what it commits to?+1
The bill reduces tax expenditures by limiting available credits.
The opposite· 3 of 6
Does this cut the pollution that drives climate change?-3
By discouraging offshore wind investment, the bill may slow the transition to renewable energy and carbon reduction.
Does this put more money into wind, solar and other renewable power?-3
The bill directly removes a major incentive intended to increase investment in renewable wind energy.
Would business owners be better off under this?-2
Energy developers and construction businesses specializing in offshore wind will see reduced incentive for new projects.
Who it would affect, and how
Potential Positive Impacts for People
- Exclusion of the Great Lakes from tax credits: By adding the language "(other than any of the Great Lakes)" to the code, the bill prevents offshore wind facilities in these specific inland navigable waters from receiving the investment tax credit (Section 2(a)).
Potential Negative Impacts for People
- Loss of investment tax credits: The amendment would prevent offshore wind facilities in the inland navigable waters of the United States, excluding the Great Lakes, from accessing the investment tax credit for taxable years beginning after December 31, 2022 (Section 2(a) and Section 2(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment-3Reduces Carbon Emissions-3
- Demographic And Interest Groups
- Good For Business Owners-2Good For Union Workers-1
- Economy And Finance
- Improves Fiscal Responsibility+1Reduces National Debt+1Increases Job Creation-2Improves Economic Growth-1
- 3/14/2025
- Referred to the House Committee on Ways and Means.
- Introduced in House