Section 1. Short title
This Act may be cited as the Lakes Before Turbines Act.
(a) In general
Section 48(a)(5)(F)(ii) of the Internal Revenue Code of 1986 is amended by inserting (other than any of the Great Lakes) after in the inland navigable waters of the United States.
(b) Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2022.