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S. 1957

BillFederalSenateIn Committee
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.
About This Bill
Committee
Latest Action · June 25, 2019
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
June 25, 2019
Cosponsors (4)
4D 0R
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Summary

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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.

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