HR 2413 115th Congress House 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: May 11, 2017 See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 11, 2017

Referred to the House Committee on Ways and Means.

May 11, 2017

Introduced in House

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.

A "qualified offshore wind property" is a facility that: (1) uses wind to produce electricity; and (2) is located in the inland navigable waters of the United States including the Great Lakes, or in the coastal waters of the United States, including the territorial seas of the United States, the exclusive economic zone of the United States, and the outer Continental Shelf of the United States. The term excludes certain small wind energy property that uses a small wind turbine to generate electricity.

What's happening now May 11, 2017

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1