118th Congress · HOUSE BILLBILL

H.R. 963 — FARM Act of 2023

“To amend the Internal Revenue Code of 1986 to provide that the energy credit shall not apply to certain types of energy production on agricultural land, and for other purposes.”

Taxation

Introduced Feb 9, 2023

Last action Feb 9, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 9, 2023

Step 2

Referred

Feb 9, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill makes solar and wind electricity ineligible for certain renewable energy tax credits if the electricity was generated by facilities that a public utility placed on agricultural land.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Feb 9, 2023

Introduced in House

Feb 9, 2023

Referred to the House Committee on Ways and Means.