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S. 1957

Offshore WIND Act

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

This bill allows an energy tax credit for investment in qualified offshore wind property, the construction of which begins before January 1, 2026. The bill defines "qualified offshore wind property" as an offshore facility using wind to produce electricity.

Read twice and referred to the Committee on Finance.

Sen. Markey, Edward J. [D-MA](D-MA)Sponsor
4 cosponsors4 D
4cosponsors1committees2actions2related bills6subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Offshore WIND Act — Informed