S 2909
Onshore Wind American Manufacturing Act of 2021
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Onshore Wind American Manufacturing Act of 2021, aims to boost domestic production of onshore wind turbine components by providing tax credits to manufacturers. It establishes an investment tax credit for 30% of qualified investments in new or upgraded manufacturing facilities and a production tax credit based on the size and type of components produced. The bill also includes provisions to ensure fair labor practices and registration requirements for companies seeking these credits, with potential reductions in credits for investments made after 2028.
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Primary sponsor
Cosponsor
Debbie Stabenow
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