(a) Investment tax credit
Section 48(a)(5) of the Internal Revenue Code of 1986 is amended by striking subparagraph (F).
(b) Renewable resources production tax credit
Section 45(d)(1) of such Code is amended by striking the period at the end and inserting, or any facility which is located in the inland navigable waters of the United States or in the coastal waters of the United States.
(c) Clean electricity production tax credit
Section 45Y(b)(1) of such Code is amended by adding at the end the following new subparagraph:
(i) In general
The term qualified facility shall not include any disqualified offshore wind facility.
(ii) Disqualified offshore wind facility
For purposes of this subparagraph, the term disqualified offshore wind facility means an offshore wind facility which is located in the inland navigable waters of the United States or in the coastal waters of the United States.
(d) Effective date
The amendment made by this section shall apply to energy produced and property placed in service after December 31, 2025.