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Incentivizing Offshore Wind Power Act
Legislative Progress
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vs 3,805 other S bills in the 115th — cohort avg 41d
Incentivizing Offshore Wind Power Act This bill amends the Internal Revenue Code to: (1) allow a 30% tax credit for investment in a qualifying offshore wind facility (an offshore facility using wind to produce electricity), and (2) direct the Department of the Treasury to establish a qualifying credit for offshore wind facilities program to consider and award certifications for investments eligible for such a credit to qualifying offshore wind facility sponsors. The total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program may not exceed 3,000 megawatts. The bill requires Treasury to review credits allocated under this bill periodically and authorizes Treasury to make additional allocations and reallocations of such credits upon determining that: (1) the limit on the total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program has not been attained, or (2) scheduled placed-in-service dates of previously certified facilities have been significantly delayed and the applicant for certification will not meet the required timeline.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2018 · fourth_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act; Implementation of Public Law No: 115-97, Tax Reform; H.R. 4239, SECURE American Energy Act.
Client expense: $90,000 · Firm income: Not reported
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · fourth_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act; Implementation of Public Law No: 115-97, Tax Reform; H.R. 4239, SECURE American Energy Act.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · fourth_quarter · Energy/Nuclear
Issues associated with the development of offshore wind Legislation affecting offshore wind development H.R. 3354 - Interior and Environment, Agriculture and Rural Development, Commerce, Justice, Science, Financial Services and General Government, Homeland Security, Labor, Health and Human Services, Education, State and Foreign Operations, Transportation, Housing and Urban Development, Defense, Military Construction and Veterans Affairs, Legislative Branch, and Energy and Water Development Appropriations Act, 2018 H.R. 4239 - SECURE American Energy Act S. 1672 - Incentivizing Offshore Wind Power Act S. 3068 - Department of the Interior, Environment and Related Agencies Appropriations Act
Client expense: Not reported · Firm income: $90,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · third_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act; Implementation of Public Law No: 115-97, Tax Reform; H.R. 4239, SECURE American Energy Act.
Client expense: $60,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · third_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development Tax Reform H.R. 1 - An act to provide for reconciliation pursuant titles II and V concurrent on the budget for FY 2018 H.R. 4239 - SECURE American Energy Act S. 1672 - Incentivizing Offshore Wind Power Act
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · second_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act; Implementation of Public Law No: 115-97, Tax Reform.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · second_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development S. 1672 - incentivizing Offshore Wind Power Act H.R. 1 - An act to provide for reconciliation pursuant titles II and V concurrent on the budget for FY 2018 Tax Reform
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · first_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act; Tax Reform.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · first_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development S. 1672 - incentivizing Offshore Wind Power Act Tax Reform
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2017 · fourth_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act; H.R. 1, Tax Cuts and Jobs Act.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2017 · fourth_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development S. 1672 - incentivizing Offshore Wind Power Act H.R. 1 - An act to provide for reconciliation pursuant titles II and V concurrent on the budget for FY 2018 Tax Reform
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2017 · third_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development; S. 1672, Incentivizing Offshore Wind Power Act.
Client expense: $70,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), SENATE
2017 · third_quarter · Taxation/Internal Revenue Code
Changes in the tax code that extend or eliminate current tax credits for offshore wind development S. 1672 - incentivizing Offshore Wind Power Act
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Democratic |
| DE |
| Edward J. Markey | Democratic | MA |
| Elizabeth Warren | Democratic | MA |
| Jack Reed | Democratic | RI |
| Martin Heinrich | Democratic | NM |
| Robert Menendez | Democratic | NJ |
| Sheldon Whitehouse | Democratic | RI |
| Sherrod Brown | Democratic | OH |
| Susan M. Collins | Republican | ME |