Senate Finance Committee Clears Way for Extension of Critically Important Investment Tax Credit for Offshore Wind - Oceana USA

Victory | April 1, 2014

Senate Finance Committee Clears Way for Extension of Critically Important Investment Tax Credit for Offshore Wind

The United States Senate Committee on Finance cleared the way for a two-year extension of the investment tax credit (ITC) for offshore wind projects. Construction began before the end of 2015. The credit was allowed to expire on December 31, 2013.