Bill > HR4369

This bill, titled the "Protect Agriculture, Nutrients, and Essential Lands from Solar Act" or the "PANELS Act," amends the Internal Revenue Code to deny the energy credit to property used for generating solar energy if it is located on prime farmland or unique farmland, as defined by the Secretary of Agriculture. The amendments apply to property placed in service after the date of the bill's enactment, impacting the energy credit, clean electricity production credit, and other relevant provisions in the tax code. The goal of this bill is to discourage the use of prime or unique farmland for solar energy generation projects.