HR 7388
117th Congress
House
Taxation
Offshore Wind American Manufacturing Act of 2022
Introduced: April 4, 2022
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2022
Referred to the House Committee on Ways and Means.
Apr 4, 2022
Introduced in House
Plain-English summary
Offshore Wind American Manufacturing Act of 2022
This bill establishes a new, refundable tax credit for investment in manufacturing facilities that produce offshore wind turbine components. The credit amount is equal to the sum of the offshore wind manufacturing investment credit (30% of the investment amount) and the offshore wind manufacturing production credit.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1