Carper-Collins Incentivizing Offshore Wind Power Act: Providing incentive tax credits to the first movers in the offshore wind industry

Source/Sponsor: 
Senators Tom Carper (D-Del.) and Susan Collins (R-Maine)
Creator/Author: 
Senators Cory Booker (D-N.J.), Sherrod Brown (D-Ohio), Ben Cardin (D-Md.), Chris Coons (D-Del.), Kirsten Gillibrand (D-N.Y.), Angus King (I-Maine), Robert Menendez (D-N.J.), Edward Markey (D-Mass.), Barbara Mikulski (D-Md.), Jack Reed (D-R.I.), Brian Scha
Description: 

Senators Tom Carper (D-Del.) and Susan Collins (R-Maine) introduction of legislation encouraging investment in offshore wind. The legislation would would amend Section 48 of the tax code by creating an investment offshore wind tax credit for the first 3,000 MW offshore wind facilities placed into service. 

http://www.carper.senate.gov/public/_cache/files/84e14787-a510-4383-9519-2250f0ed5f86/incentivizing-offshore-wind-power-act2015-summary.pdf

Publication Date: 
Thursday, July 9, 2015
Resource Type: 
Document
Multi-State: