U.S. Representative Mike Bost (IL-12) has taken a proactive stance to protect prime and unique farmland from being converted into solar panel tracts. Through the introduction of the PANELS Act, Bost aims to restrict access to federal tax credits for companies engaging in such conversions while preserving the economic viability of farming.
The legislation, supported by the U.S. Department of Agriculture, acknowledges the significance of prime farmland, characterized by its optimal combination of physical and chemical properties for crop production. Unique farmland, responsible for cultivating high-value crops like citrus, tree nuts, and select fruits and vegetables, is also included in the Act's protective measures.
Bost stressed the importance of maintaining agricultural sustainability, safeguarding America's food security, and preserving local economies. While the PANELS Act allows farmers to lease their land for solar panels, it curtails economic incentives for companies seeking to acquire vital plots of farmland.
Bost says this commonsense solution offers a balanced approach, preserving farmers' private property rights while discouraging the rapid conversion of essential agricultural land in rural communities.