S. 1957 · 116th Congress

Offshore WIND Act

Stage
In committee
Sponsor
Ed Markey
Introduced
2019-06-25
Latest action
2019-06-25 · Introduced in Senate

Summary

Offshore Wind Incentives for New Development Act or the Offshore WIND Act

This bill allows an energy tax credit for investment in qualified offshore wind property, the construction of which begins before January 1, 2026. The bill defines "qualified offshore wind property" as an offshore facility using wind to produce electricity.