To amend the Internal Revenue Code of 1986 to disallow the production tax credit and investment tax credit for offshore wind facilities placed in service in the inland navigable waters of the United States or the coastal waters of the United States.

Cost and committee reports

Official records Congress.gov attaches to H.R. 1462.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. FALLON, as printed in the Congressional Record (Vol. 171, No. 35, February 21, 2025, Page H729):
  Article 1, Section 8, Clause 1
  Source: Congress.gov, Congressional Record February 21, 2025 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  30 characters

  Congress.gov bill record

  H.R. 1462, 119th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/119/hr/1462

  Record last updated by Congress.gov

  May 9, 2025

  PORKER copy retrieved

  September 13, 2026

  Stored copy, SHA-256 of the file

  85cd7279ce0cfdcb1500dbabad658150b1911303a8aa0d45bf665626c0b8c395

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of May 9, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 1462, last updated May 9, 2025. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.