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S 3036 114th Congress Senate Taxation Alternative and renewable resources Business investment and capital Electric power generation and transmission Great Lakes Income tax credits Marine and coastal resources, fisheries

Offshore WIND Act

Introduced: June 8, 2016 Introduced by: Markey, Edward J. Democratic · Massachusetts See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2016
Read twice and referred to the Committee on Finance.
Jun 8, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

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

This bill amends the Internal Revenue Code to expand the tax credit for investment in energy property to include a qualified offshore wind property until January 1, 2026. Under the bill, a qualified offshore wind property is an offshore facility that uses wind to produce electricity, excluding certain small wind energy property which uses a small wind turbine to generate electricity.

What's happening now June 8, 2016

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1