3.0.0 3036 2023-01-11T13:32:40Z 2023-01-11T13:32:40Z Senate S 2016-06-08 114 ssfi00 Finance Committee Senate Standing Referred to 2016-06-08T20:35:43Z Offshore Wind Incentives for New Development Act 114 6058 HR 2016-09-15 Referred to the House Committee on Ways and Means. Identical bill CRS 2016-06-08 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2016-06-08 Introduced in Senate IntroReferral 10000 9 Library of Congress M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. N W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2016-06-08 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2016-06-08 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2016-06-08 True S001194 Sen. Schatz, Brian [D-HI] Brian Schatz D HI 2016-06-08 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2016-06-08 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2016-06-08 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2016-06-08 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2016-06-08 True Taxation Alternative and renewable resources Business investment and capital Electric power generation and transmission Great Lakes Income tax credits Marine and coastal resources, fisheries Taxation 00 2016-06-08 Introduced in Senate 2016-06-15T19:21:59Z 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. Under the bill, a qualified offshore wind property is an offshore facility that uses wind to produce electricity, excluding certain small wind energy property which uses a small wind turbine to generate electricity.

]]> Offshore WIND Act Display Title Offshore WIND Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for an investment tax credit related to the production of electricity from offshore wind. Introduced in Senate IS Short Titles as Introduced Offshore WIND Act Short Titles as Introduced Offshore Wind Incentives for New Development Act Introduced in Senate 2016-06-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s3036is/xml/BILLS-114s3036is.xml 2016-06-08 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.