,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #bdac  ,,in ,,the ,,house ,,of  
,,representatives  ,may #aa1 #bjag,mr4  
,langevin introduced the following bill2
 which was referred to the ,committee on
 ,ways and ,means  ,a ,,bill  ,to amend 
the ,internal ,revenue ,code of #aihf to
 provide for an investment tax credit   
related to the production of electricity
 from offshore wind4  #a4 ,short title  
,this ,act may be cited as the ,offshore
 ,wind ,incentives for ,new ,development
 ,act or the ,offshore ,,wind ,act4  #b4
 ,energy credit for qualified offshore  
wind facilities  7a7 ,in general        
,section #dh of the ,internal ,revenue  
,code is amended--  7#a7 in subsection  
7a7-- 7,a7 in paragraph 7#b77;,a77i7--  
7i7 in subclause 7,,iii71 by striking   
and at the end2 and  7ii7 by adding at  
the end the following new subclause3    
7,v7 qualified offshore wind property1  
and  2 and  7,b7 in paragraph           
7#c77;,a7--  7i7 in clause 7vi71 by     
striking or at the end2  7ii7 in clause 

7vii71 by adding or at the end2 and     
7iii7 by adding at the end the following
 new clause3  7viii7 qualified offshore 
wind property1 but only with respect to 
periods ending before ,january #a1      
#bjbf1  2 and  7#b7 in subsection 7c71  
by adding at the end the following new  
paragraph3  7#e7 ,qualified offshore    
wind property  7,a7 ,in general ,the    
term qualified offshore wind property   
means a facility which--  7i7 uses wind 
to produce electricity1 and  7ii7 is    
located in the inland navigable waters  
of the ,united ,states1 including the   
,great ,lakes1 or in the coastal waters 
of the ,united ,states1 including the   
territorial seas of the ,united ,states1
 the exclusive economic zone of the     
,united ,states1 and the outer          
,continental ,shelf of the ,united      
,states4  7,b7 ,exception for qualified 
small wind energy property ,the term    
qualified offshore wind property shall  
not include any property described in   
paragraph 7#d74  4  7b7 ,effective date 

,the amendments made by this section    
shall take effect on the date of the    
enactment of this ,act4