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American Offshore Wind Opportunity Act
12/15/2023, 3:58 PM
Summary of Bill HR 3614
The American Offshore Wind Opportunity Act, also known as Bill 118 hr 3614, is a piece of legislation introduced in the US Congress. This bill aims to promote the development of offshore wind energy in the United States.
The main provisions of the bill include providing financial incentives and regulatory support for offshore wind projects. This includes tax credits for companies investing in offshore wind energy, as well as streamlining the permitting process for these projects.
The bill also seeks to increase research and development funding for offshore wind technology, in order to make these projects more efficient and cost-effective. Additionally, the bill includes provisions for workforce training programs to ensure that there is a skilled labor force available to work on offshore wind projects. Overall, the American Offshore Wind Opportunity Act is designed to encourage the growth of the offshore wind industry in the United States, with the goal of reducing reliance on fossil fuels and promoting clean, renewable energy sources.
The main provisions of the bill include providing financial incentives and regulatory support for offshore wind projects. This includes tax credits for companies investing in offshore wind energy, as well as streamlining the permitting process for these projects.
The bill also seeks to increase research and development funding for offshore wind technology, in order to make these projects more efficient and cost-effective. Additionally, the bill includes provisions for workforce training programs to ensure that there is a skilled labor force available to work on offshore wind projects. Overall, the American Offshore Wind Opportunity Act is designed to encourage the growth of the offshore wind industry in the United States, with the goal of reducing reliance on fossil fuels and promoting clean, renewable energy sources.
Read the Full Bill
Current Status of Bill HR 3614
Bill HR 3614 is currently in the status of Bill Introduced since May 23, 2023. Bill HR 3614 was introduced during Congress 118 and was introduced to the House on May 23, 2023. Bill HR 3614's most recent activity was Referred to the Subcommittee on Energy and Mineral Resources. as of June 9, 2023
Bipartisan Support of Bill HR 3614
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
6Democrat Cosponsors
6Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3614
Primary Policy Focus
EnergyAlternate Title(s) of Bill HR 3614
American Offshore Wind Opportunity Act
American Offshore Wind Opportunity Act
To direct the Comptroller General of the United States to submit to Congress a report on offshore wind development vessels, and for other purposes.
Comments
Sponsors and Cosponsors of HR 3614
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