S-1988 : Still Just a Bill

Incentivizing Offshore Wind Power Act

This bill extends the 30 % energy tax credit for offshore wind facilities that begin construction by January 1, 2027, or the year that the United States has increased its offshore wind capacity by not less than 3,000 megawatts as compared to such capacity on January 1, 2020, whichever is later.

Action Timeline

Action DateTypeTextSource
2019-06-26IntroReferralRead twice and referred to the Committee on Finance.Senate
2019-06-26IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Alternative and renewable resources
  • Business investment and capital
  • Electric power generation and transmission
  • Government information and archives
  • Income tax credits

Related Bills

See Related Bills