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.
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionGreat LakesIncome tax creditsMarine and coastal resources, fisheries
Offshore WIND Act
USA116th CongressS-1957| Senate
| Updated: 6/25/2019
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.
Alternative and renewable resourcesBusiness investment and capitalElectric power generation and transmissionGreat LakesIncome tax creditsMarine and coastal resources, fisheries