US Congress Senate Bill 3064 (Prior Session Legislation)

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Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Introduced on March 3 2010 - 25% progression, died in chamber
Action: 2010-03-03 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Deepwater Offshore Wind Incentive Act - Amends the Internal Revenue Code to allow a general business tax credit for the production of energy from a deep water offshore wind facility. Makes such credit equal to the product of 3.04 cents and the kilowatt hours of electricity produced at a facility during a 10-year period and sold by a taxpayer to an unrelated person during the taxable year. Defines "deep water offshore wind facility" as facility that uses wind to produce electricity, operates in 60 meters or more of water, is located within the internal or territorial waters of the United States, and is placed in service after the enactment of this Act and before January 1, 2030.

Deepwater Offshore Wind Incentive Act

Sen. Thomas Carper [D-DE]

Sen. Susan Collins [R-ME]

Sen. Olympia Snowe [R-ME]

Date	Chamber	Action
2010-03-03		Read twice and referred to the Committee on Finance.
2010-03-03		Sponsor introductory remarks on measure. (CR S1022)

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/3064/all-info
Text	https://www.congress.gov/111/bills/s3064/BILLS-111s3064is.pdf