S-1957 : Still Just a Bill

Offshore Wind Incentives for New Development Act or the Offshore WIND Act

This bill allows an energy tax credit for investment in qualified offshore wind property, the construction of which begins before January 1, 2026. The bill defines "qualified offshore wind property" as an offshore facility using wind to produce electricity.

Action Timeline

Action DateTypeTextSource
2019-06-25IntroReferralRead twice and referred to the Committee on Finance.Senate
2019-06-25IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Alternative and renewable resources
  • Business investment and capital
  • Electric power generation and transmission
  • Income tax credits
  • Marine and coastal resources, fisheries
  • Great Lakes

Related Bills

See Related Bills