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Tax Credits for Onshore Wind Turbine Component Manufacturing in the US

This act introduces new tax credits for companies manufacturing onshore wind turbine components in the United States. The goal is to support domestic production and create jobs in the renewable energy sector, potentially impacting the availability and cost of green energy in the future. Businesses will receive financial support for factory investments and for each component produced, provided they adhere to prevailing wage standards.
Key points
Companies investing in US factories that manufacture wind turbine components can receive a tax credit equal to 30% of the investment value.
Businesses producing wind turbine parts (blades, towers, nacelles, hubs) and specialized transport or installation equipment will receive a tax credit per unit produced or a percentage of the sale price.
All laborers and mechanics employed in the manufacturing of these components must be paid wages not less than the prevailing rates for similar work in the locality.
The tax credits will be phased out starting in 2029 and will fully terminate after 2030.
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Additional Information
Print number: 117_HR_5466
Sponsor: Rep. Schneider, Bradley Scott [D-IL-10]
Process start date: 2021-09-30
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Onshore Wind American Manufacturing Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5466.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-09-30.

What are the main provisions?

Key points include:

  • Companies investing in US factories that manufacture wind turbine components can receive a tax credit equal to 30% of the investment value.
  • Businesses producing wind turbine parts (blades, towers, nacelles, hubs) and specialized transport or installation equipment will receive a tax credit per unit produced or a percentage of the sale price.
  • All laborers and mechanics employed in the manufacturing of these components must be paid wages not less than the prevailing rates for similar work in the locality.
  • The tax credits will be phased out starting in 2029 and will fully terminate after 2030.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Schneider, Bradley Scott [D-IL-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Taxes Economy Environment