HR 7584
To amend the Internal Revenue Code of 1986 to end the investment tax credit for offshore wind facilities in the inland navigable waters of the United States.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill proposes to eliminate the investment tax credit for offshore wind energy projects located in the inland navigable waters of the United States. Specifically, it modifies the Internal Revenue Code to prevent this credit from being applied to wind facilities outside of the Great Lakes. The change would take effect starting in 2022. This legislation aims to reduce financial incentives for offshore wind development in U.S. inland waters.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Chris Jacobs
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.