US HB924 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 87-2)
Status: Introduced on February 28 2013 - 25% progression, died in committee
Action: 2013-02-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Incentivizing Offshore Wind Power Act - Amends the Internal Revenue Code to: (1) allow a 30% tax credit for investment in a qualifying offshore wind facility (an offshore facility using wind to produce electricity), and (2) direct the Secretary of the Treasury to establish a qualifying credit for offshore wind facilities program to consider and award certifications for investments eligible for such a credit to qualifying offshore wind facility sponsors. Requires the Secretary to review credits allocated under this Act periodically and authorizes the Secretary to make additional allocations and reallocations of such credits upon determining that: (1) the limit on the total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program has not been attained, or (2) scheduled placed-in-service dates of previously certified facilities have been significantly delayed and the applicant will not meet the required timeline.

Tracking Information

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Title

Incentivizing Offshore Wind Power Act

Sponsors

Rep. Bill Pascrell [D-NJ]Rep. Robert Andrews [D-NJ]Rep. Joyce Beatty [D-OH]Rep. Earl Blumenauer [D-OR]
Rep. Madeleine Bordallo [D-GU]Rep. Julia Brownley [D-CA]Rep. Lois Capps [D-CA]Rep. Michael Capuano [D-MA]
Rep. John Carney [D-DE]Rep. Matthew Cartwright [D-PA]Rep. Donna Christensen [D-VI]Rep. Judy Chu [D-CA]
Rep. David Cicilline [D-RI]Rep. Katherine Clark [D-MA]Rep. Yvette Clarke [D-NY]Rep. Gerald Connolly [D-VA]
Rep. John Conyers [D-MI]Rep. John Delaney [D-MD]Rep. Suzan DelBene [D-WA]Rep. John Dingell [D-MI]
Rep. Donna Edwards [D-MD]Rep. Keith Ellison [D-MN]Rep. Anna Eshoo [D-CA]Rep. Chaka Fattah [D-PA]
Rep. Marcia Fudge [D-OH]Rep. Joe Garcia [D-FL]Rep. Raul Grijalva [D-AZ]Rep. Michael Grimm [R-NY]
Rep. Colleen Hanabusa [D-HI]Rep. Alcee Hastings [D-FL]Rep. James Himes [D-CT]Rep. Rush Holt [D-NJ]
Rep. Michael Honda [D-CA]Rep. Jared Huffman [D-CA]Rep. Steve Israel [D-NY]Rep. Marcy Kaptur [D-OH]
Rep. William Keating [D-MA]Rep. Joseph Kennedy [D-MA]Rep. Derek Kilmer [D-WA]Rep. Ron Kind [D-WI]
Rep. Ann Kuster [D-NH]Rep. James Langevin [D-RI]Rep. Barbara Lee [D-CA]Rep. Frank LoBiondo [R-NJ]
Rep. Alan Lowenthal [D-CA]Sen. Ben Lujan [D-NM]Rep. Stephen Lynch [D-MA]Rep. Carolyn Maloney [D-NY]
Sen. Edward Markey [D-MA]Rep. Betty McCollum [D-MN]Rep. Jim McDermott [D-WA]Rep. James McGovern [D-MA]
Rep. Mike McIntyre [D-NC]Rep. Gregory Meeks [D-NY]Rep. Grace Meng [D-NY]Rep. Michael Michaud [D-ME]
Rep. Gwen Moore [D-WI]Rep. James Moran [D-VA]Rep. Richard Neal [D-MA]Rep. Eleanor Norton [D-DC]
Rep. Frank Pallone [D-NJ]Rep. Donald Payne [D-NJ]Sen. Gary Peters [D-MI]Rep. Chellie Pingree [D-ME]
Rep. Mark Pocan [D-WI]Rep. Jared Polis [D-CO]Rep. David Price [D-NC]Rep. Mike Quigley [D-IL]
Rep. Charles Rangel [D-NY]Rep. Tim Ryan [D-OH]Rep. Linda Sanchez [D-CA]Rep. John Sarbanes [D-MD]
Rep. Janice Schakowsky [D-IL]Rep. Adam Schiff [D-CA]Rep. Allyson Schwartz [D-PA]Rep. Robert Scott [D-VA]
Rep. Terri Sewell [D-AL]Rep. Carol Shea-Porter [D-NH]Rep. Albio Sires [D-NJ]Rep. Eric Swalwell [D-CA]
Rep. Mark Takano [D-CA]Rep. Mike Thompson [D-CA]Rep. John Tierney [D-MA]Rep. Paul Tonko [D-NY]
Rep. Niki Tsongas [D-MA]Sen. Chris Van Hollen [D-MD]Rep. Debbie Wasserman Schultz [D-FL]Rep. Henry Waxman [D-CA]
Rep. Frederica Wilson [D-FL]

History

DateChamberAction
2013-02-28HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

SB401 (Same As) 2013-02-28 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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