H.R. 1754

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1754 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 1754

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.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

February 27, 2025

Mr. Tiffany (for himself, Mr. Davidson, Mr. Cline, and Mr. Williams of 
Texas) introduced the following bill; which was referred to the 
Committee on Ways and Means

_______________________________________________________________________

A BILL

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.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Future Agriculture Retention and 
Management Act of 2025'' or the ``FARM Act of 2025''.

SEC. 2. RESTRICTION ON TAX CREDITS FOR RENEWABLE ENERGY PRODUCTION ON 
AGRICULTURAL LAND.

(a) Solar Property.--
(1) In general.--Section 48 of the Internal Revenue Code of 
1986 is amended by adding at the end the following new 
subsection:
``(f) Denial of Credit With Respect to Certain Solar Energy 
Property on Agricultural Land.--
``(1) In general.--Subsection (a) shall not apply to 
equipment described in subsection (a)(3)(A)(i) that is placed 
in service by a public utility on agricultural land.
``(2) Definitions.--For purposes of this subsection--
``(A) Agricultural land.--The term `agricultural 
land' has the meaning given the term `eligible land' in 
section 1240A of the Food Security Act of 1985.
``(B) Public utility.--The term `public utility' 
has the meaning given the term in section 136(c)(2).''.
(2) Conforming amendment.--Section 48(a)(1) of such Code is 
amended by inserting ``subsection (f) and'' after ``provided 
in''.
(b) Wind Property.--Section 45(e)(6) of such Code is amended to 
read as follows:
``(6) Denial of credit with respect to certain energy 
property on agricultural land.--
``(A) In general.--The credit determined under 
subsection (a) shall not apply to electricity produced 
by a solar energy facility or wind facility placed in 
service after the date of enactment of the Future 
Agriculture Retention and Management Act of 2025 by a 
public utility on agricultural land.
``(B) Definitions.--For the purposes of this 
paragraph--
``(i) Agricultural land.--The term 
`agricultural land' has the meaning given the 
term `eligible land' in section 1240A of the 
Food Security Act of 1985.
``(ii) Public utility.--The term `public 
utility' has the meaning given the term in 
section 136(c)(2).''.
(c) Effective Date.--The amendments made by this section shall 
apply to property placed in service after the date of enactment of this 
Act.
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