Last action was on 3-14-2025
Current status is Referred to the House Committee on Ways and Means.
View Official Bill Information at congress.govNo users have voted for/against support on this bill yet. Be the first!
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.