HR1237119th CongressWALLET

PANELS Act

Sponsored By: Representative Bost

Introduced

Summary

Bifurcated tax treatment for solar on prime or unique farmland. This bill would change which solar projects on prime or unique farmland qualify for federal clean energy tax credits. It would let such projects claim the investment tax credit for energy property but bar them from the clean electricity production credit. It would use the USDA definition of "prime" and "unique" farmland from 7 CFR part 657 and apply to property placed in service after enactment.

Show full summary
  • Landowners and farmers: Solar installations on designated prime or unique farmland would be eligible for the investment tax credit but would not qualify for the clean electricity production credit. This shifts which federal tax incentive is available for projects on productive farmland.
  • Solar developers and investors: Projects built on prime or unique farmland would face an investment-credit rather than a production-credit incentive under the tax code, which can change project financing and revenue timing.
  • Administration and rules: The bill ties the farmland terms to existing USDA rules in 7 CFR part 657 and makes the change apply to property placed in service after enactment.

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

No production credit for solar on prime farmland

If enacted, solar projects on prime or unique farmland would not qualify for the clean electricity production credit. This would apply only to property placed in service after enactment. Owners and developers of these sites would lose that ongoing, output-based tax credit.

Mixed rules for solar tax credit on farmland

If enacted, some solar on prime or unique farmland could get the one-time investment tax credit. But other rules under the same tax section would add a location test that blocks credits for solar on this farmland. The bill would use USDA definitions in 7 CFR part 657 to decide what land counts. These changes would apply to property placed in service after enactment.

Free Policy Watch

You just read the policy. Now see what it costs you.

Pick a topic. PRIA runs your household against live legislation and sends you a free personalized readout.

Pick a topic to get started

Sponsors & CoSponsors

Sponsor

Bost

IL • R

Cosponsors

  • Finstad

    MN • R

    Sponsored 2/12/2025

  • Langworthy

    NY • R

    Sponsored 2/13/2025

  • Rep. Taylor, David J. [R-OH-2]

    OH • R

    Sponsored 2/24/2025

  • Rep. Graves, Sam [R-MO-6]

    MO • R

    Sponsored 3/5/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation

Take It Personal

Get Your Personalized Policy View

Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in