Senate Bill 1988
116th Congress(2019-2020)
Incentivizing Offshore Wind Power Act
Introduced
Introduced in Senate on Jun 26, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1988
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
June 26, 2019
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06/26/2019
Read twice and referred to the Committee on Finance.
06/26/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:53 PM