Bill
Bill > H2924
MA H2924
Establishing a commission to study the offshore wind investment tax credit
summary
Introduced
03/29/2021
03/29/2021
In Committee
05/05/2022
05/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish a special commission (including members of the General Court) to study the offshore wind investment tax credit. Revenue.
AI Summary
This bill establishes a special commission to study the impact of the expiration of the offshore wind Investment Tax Credit on the offshore wind industry in the Commonwealth of Massachusetts. The commission will examine the benefits derived from the tax credit and consider the potential negative consequences to economic development, labor and workforce, industry growth, and the ability to attract the offshore wind supply chain upon its expiration. The commission will also explore policies and programs that could mitigate any negative impacts resulting from the tax credit's expiration. The commission will be comprised of various state government officials and leaders from the offshore wind industry, and it will submit a report with its findings and recommendations to the state legislature within 12 months of the bill's effective date.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
No further action taken (on 01/03/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/H2924 |
Bill | https://malegislature.gov/Bills/192/H2924.pdf |
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