US SB3036 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on June 8 2016 - 25% progression, died in committee
Action: 2016-06-08 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 8 2016 - 25% progression, died in committee
Action: 2016-06-08 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 until January 1, 2026. Under the bill, a qualified offshore wind property is an offshore facility that uses wind to produce electricity, excluding certain small wind energy property which uses a small wind turbine to generate electricity.
Title
Offshore WIND Act Offshore Wind Incentives for New Development Act
Sponsors
| Sen. Edward Markey [D-MA] | Sen. Sheldon Whitehouse [D-RI] | Sen. Jack Reed [D-RI] | Sen. Elizabeth Warren [D-MA] |
| Sen. Brian Schatz [D-HI] | Sen. Jeff Merkley [D-OR] | Sen. Sherrod Brown [D-OH] | Sen. Kirsten Gillibrand [D-NY] |
| Sen. Cory Booker [D-NJ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-08 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Alternative and renewable resources
Business investment and capital
Electric power generation and transmission
Great Lakes
Income tax credits
Marine and coastal resources, fisheries
Taxation
Business investment and capital
Electric power generation and transmission
Great Lakes
Income tax credits
Marine and coastal resources, fisheries
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/3036/all-info |
| Text | https://www.congress.gov/114/bills/s3036/BILLS-114s3036is.pdf |
