Commending State Representative Tom Craddick and Nadine Craddick for their contributions to the physician assistant profession and health care education.

89th Legislature (2025) Introduced by Carl Tepper

Amends tax credits to exclude offshore wind facilities in inland navigable or coastal U.S. waters from qualifying, reducing incentives for affected projects after 12/31/2025.

Reported enrolled

#craddick #nadine(nj3tk) #thomasr. #speaker(ah3sq) #resolutions--congratulatory&honorary(i0705)

Summary — H.R. 1462 (Introduced Feb 21, 2025; reported enrolled)

Title (per bill header): Commending State Representative Tom Craddick and Nadine Craddick for their contributions to the physician assistant profession and health care education.

Actual version content (substantive text): Technical amendments to the Internal Revenue Code that change how certain energy facilities — in particular offshore wind facilities located in inland navigable waters or coastal waters of the United States — are treated for specific energy tax credits. (See “Note on discrepancies” below.)

Purpose / intent

On its face the bill header is a congratulatory resolution honoring Tom and Nadine Craddick. However, the enrolled version contains substantive tax-code amendments intended to change eligibility rules for certain federal energy tax incentives, with a particular focus on offshore wind projects located in inland navigable or coastal waters.

Key provisions (substantive text)

Amends Internal Revenue Code section 48(a)(5) by striking subparagraph (F).

Amends section 45(d)(1) by modifying the punctuation at the end of the provision to add the phrase “, or any facility which is located in the inland navigable waters of the United States or in the coastal waters of the United States.” (i.e., explicitly referencing facilities located in those waters).

Amends section 45Y(b)(1) by adding a new subparagraph (E) that:

(i) Specifies that the term “qualified facility” does not include any “disqualified offshore wind facility.”
(ii) Defines a “disqualified offshore wind facility” as an offshore wind facility located in the inland navigable waters of the United States or in the coastal waters of the United States.

Effective date: Applies to energy produced and property placed in service after December 31, 2025.

Who would be affected

Offshore wind developers and projects sited in inland navigable waters or coastal waters of the U.S. — these projects would be excluded from being treated as “qualified facilities” for the specified tax incentives.

Investors, utilities, and project financiers that rely on production tax credits (PTC), investment tax credits (ITC) or other credits governed by sections 45, 48, and 45Y.

State and local governments and coastal communities that host or plan to host offshore wind projects — potential impacts on project economics and investment.

Federal tax revenue and incentive administration, to the extent project eligibility is narrowed.

Procedural / timeline notes

Introduced: Feb 21, 2025; referred to House Ways and Means.

Calendared and considered on Local & Consent / Congratulatory & Memorial calendars in late May–June 2025.

Adopted by the House and reported enrolled on June 1, 2025.

The substantive changes apply to energy produced and property placed in service after Dec 31, 2025.

Related legislation

Companion bill: H.R. 2187.

Note on discrepancies: Metadata for this bill (title, classification as a congratulatory resolution) conflicts with the enrolled text (tax-code amendments concerning energy credits). This summary highlights the enrolled text as provided. Readers should consult the official enrolled bill text and Congressional Record for final, authoritative language and to resolve the title/content mismatch.