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S. 1988

Incentivizing Offshore Wind Power Act

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.

Read twice and referred to the Committee on Finance.

Sen. Carper, Thomas R. [D-DE](D-DE)Sponsor
12 cosponsors10 D1 R1 I
12cosponsors1committees2actions2related bills5subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Incentivizing Offshore Wind Power Act — Informed