Scored 3/10 on whether it helps or hurts everyday people.
The Offshore Wind Bill
Offshore wind tax credits could be taken away by Congress
To amend the Internal Revenue Code of 1986 to disallow the production tax credit and investment tax credit for offshore wind facilities placed in service in the inland navigable waters of the United States or the coastal waters of the United States.
Bad for everyday people ·
This bill would stop tax credits for offshore wind projects, making it harder for them to succeed.
Our take
What we think, in plain words.
If this bill passes, it could hurt clean energy jobs and make it tougher for companies to build wind farms. Now is the time to speak up for clean energy.
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The facts
What the bill actually says, no spin.
- The bill aims to remove tax credits for offshore wind facilities.
- Tax credits help companies lower costs and invest in projects.
- Without these credits, offshore wind projects may struggle to get funding.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
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