Senate Bill 1957
116th Congress(2019-2020)
Offshore WIND Act
Introduced
Introduced in Senate on Jun 25, 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
1957
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
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.
June 25, 2019
06/25/2019
Read twice and referred to the Committee on Finance.
06/25/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:55 PM