US Congress Senate Bill 1102 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on May 11 2017 - 25% progression, died in committee
Action: 2017-05-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Offshore WIND Act Offshore Wind Incentives for New Development 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 with construction that begins before January 1, 2026. A "qualified offshore wind property" is a facility that: (1) uses wind to produce electricity; and (2) is located in the inland navigable waters of the United States including the Great Lakes, or in the coastal waters of the United States, including the territorial seas of the United States, the exclusive economic zone of the United States, and the outer Continental Shelf of the United States. The term excludes certain small wind energy property that uses a small wind turbine to generate electricity.

Offshore WIND Act Offshore Wind Incentives for New Development Act

Sen. Edward Markey [D-MA]	Sen. Sheldon Whitehouse [D-RI]	Sen. Jeff Merkley [D-OR]	Sen. Elizabeth Warren [D-MA]
Sen. Jack Reed [D-RI]	Sen. Cory Booker [D-NJ]	Sen. Sherrod Brown [D-OH]

Date	Chamber	Action
2017-05-11	Senate	Read twice and referred to the Committee on Finance.

HB2413 (Related) 2017-05-11 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/1102/all-info
Text	https://www.congress.gov/115/bills/s1102/BILLS-115s1102is.pdf