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S. 1957

Referred to Committee

Offshore WIND Act

Introduced 6/25/2019•116th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

6/25/2019 • Senate

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.

Introduced in Senate • 6/25/2019

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Topics & Subjects

Policy Area: Taxation
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionGreat LakesIncome tax creditsMarine and coastal resources, fisheries

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (5)

Party Breakdown

5
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Markey, Edward J. [D-MA]

Democrat • MA

Sponsored 6/25/2019

Cosponsors (4)

S[
S[
Sen. Reed, Jack [D-RI]

D-RI

Joined 6/25/2019

S[
Sen. Warren, Elizabeth [D-MA]

D-MA

Joined 6/25/2019

S[
Sen. Booker, Cory A. [D-NJ]

D-NJ

Joined 6/25/2019

Bill Journey

Originated in the Senate

Introduced

June 25, 2019

Read twice and referred to the Committee on Finance.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate6/25/2019

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors4