Offshore WIND Act
Latest action · May 11, 2017 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 11, 2017
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Offshore Wind Incentives for New Development Act or the Offshore WIND 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.
Cosponsors 6
Members who signed on, in the order they did. All signed on May 11, 2017.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NJ | Cory A. Booker | Original | May 11, 2017 |
| D-MA | Elizabeth Warren | Original | May 11, 2017 |
| D-RI | Jack Reed | Original | May 11, 2017 |
| D-OR | Jeff Merkley | Original | May 11, 2017 |
| D-RI | Sheldon Whitehouse | Original | May 11, 2017 |
| D-OH | Sherrod Brown | Original | May 11, 2017 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred May 11, 2017 |
Actions 2
Everything that happened, newest first.
- May 11, 2017Introduced in Senate
- May 11, 2017Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 2413 | Offshore WIND Act | Related bill | May 11, 2017 |
| S 3036 | Offshore WIND Act | Reintroduction of | Jun 8, 2016 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to provide for an investment tax credit related to the production of electricity from offshore wind.
- Short Titles as Introduced
- Offshore WIND Act
- Offshore Wind Incentives for New Development Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 11, 2017Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
