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Offshore Renewable Energy Development: New Rules and Funds

This act aims to accelerate the development of offshore wind energy, setting production targets and establishing a compensation fund for those affected by construction. It also introduces new rules for employment, local sourcing, and environmental protection to ensure benefits for communities and the economy.
Key points
Production Targets: Aims for 30 gigawatts of offshore wind energy by 2030 and 50 gigawatts by 2035.
Compensation Fund: Establishes a fund to compensate fishermen and other groups for losses due to offshore renewable energy project development and operation.
Support for Local Economy: Projects will be required to use U.S.-produced iron and steel and enter into project labor agreements, fostering job creation and industrial growth.
Environmental Protection and Consultation: Stricter requirements for environmental and cultural impact assessments are introduced, with mandatory consultations with Native American tribes and local communities.
New Offshore Power Administration: Creates a new agency to support the construction and management of transmission infrastructure for offshore renewable energy, including through loans.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3742
Sponsor: Rep. Tonko, Paul [D-NY-20]
Process start date: 2025-06-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Offshore Energy Modernization Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3742.

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 2025-06-04.

What are the main provisions?

Key points include:

  • Production Targets: Aims for 30 gigawatts of offshore wind energy by 2030 and 50 gigawatts by 2035.
  • Compensation Fund: Establishes a fund to compensate fishermen and other groups for losses due to offshore renewable energy project development and operation.
  • Support for Local Economy: Projects will be required to use U.S.-produced iron and steel and enter into project labor agreements, fostering job creation and industrial growth.
  • Environmental Protection and Consultation: Stricter requirements for environmental and cultural impact assessments are introduced, with mandatory consultations with Native American tribes and local communities.
  • New Offshore Power Administration: Creates a new agency to support the construction and management of transmission infrastructure for offshore renewable energy, including through loans.
What is the specific legal status?

The current status is Introduced.

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. Tonko, Paul [D-NY-20].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Environment Public Investments Economy