arrow_back Civic Audit
Share share

Ending Tax Credits for Offshore Wind in US Inland and Coastal Waters

This bill aims to eliminate tax credits for new offshore wind facilities located in U.S. inland navigable waters or coastal waters. This means that companies building such facilities after December 31, 2025, will no longer receive production or investment tax credits, potentially impacting energy costs and the development of wind projects in these areas.
Key points
Offshore wind facilities in U.S. inland and coastal waters will lose tax credits after 2025.
Both production tax credits and investment tax credits are affected.
This change may influence the profitability and pace of new wind farm construction in these locations.
article Official text account_balance Process page notifications_active Track this Bill
Status: Introduced
Civic Will
Checking votes...
I support
I oppose
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 119_HR_2187
Sponsor: Rep. Fallon, Pat [R-TX-4]
Process start date: 2025-03-18