HR 7388 · 117th Congress · Taxation

Offshore Wind American Manufacturing Act of 2022

Introduced 2022-04-04· Sponsored by Rep. Pascrell, Bill, Jr. [D-NJ-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2022-04-04)

Plain Language Summary

[AI summary unavailable — showing source text] Offshore Wind American Manufacturing Act of 2022 This bill establishes a new, refundable tax credit for investment in manufacturing facilities that produce offshore wind turbine components. The credit amount is equal to the sum of the offshore wind manufacturing investment credit (30% of the investment amount) and the offshore wind manufacturing production credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

4 Democrats