US SB1988 | 2019-2020 | 116th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 11-1-1)
Status: Introduced on June 26 2019 - 25% progression, died in committee
Action: 2019-06-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 26 2019 - 25% progression, died in committee
Action: 2019-06-26 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Extends the 30 % energy tax credit for offshore wind facilities that begin construction by January 1, 2027, or the year that the United States has increased its offshore wind capacity by not less than 3,000 megawatts as compared to such capacity on January 1, 2020, whichever is later.
Title
Incentivizing Offshore Wind Power Act
Sponsors
| Sen. Thomas Carper [D-DE] | Sen. Susan Collins [R-ME] | Sen. Sherrod Brown [D-OH] | Sen. Benjamin Cardin [D-MD] |
| Sen. Christopher Coons [D-DE] | Sen. Angus King [I-ME] | Sen. Robert Menendez [D-NJ] | Sen. Jack Reed [D-RI] |
| Sen. Brian Schatz [D-HI] | Sen. Elizabeth Warren [D-MA] | Sen. Sheldon Whitehouse [D-RI] | Sen. Edward Markey [D-MA] |
| Sen. Martin Heinrich [D-NM] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-26 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4887 (Same As) 2019-10-28 - Referred to the House Committee on Ways and Means.
HB7330 (Related) 2020-06-25 - Referred to the House Committee on Ways and Means.
HB7330 (Related) 2020-06-25 - Referred to the House Committee on Ways and Means.
Subjects
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Government information and archives
Income tax credits
Taxation
Business investment and capital
Electric power generation and transmission
Government information and archives
Income tax credits
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1988/all-info |
| Text | https://www.congress.gov/116/bills/s1988/BILLS-116s1988is.pdf |
