# 114-hr-4088: Promoting Offshore Wind Power Act

114-hr-4088, Promoting Offshore Wind Power Act, is a 114th Congress bill sponsored by Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4088
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4088
- Congress: 114
- Title: Promoting Offshore Wind Power Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-11-19
- Sponsor: Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ)
- Cosponsors: 7
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Promoting Offshore Wind Power Act This bill amends the Internal Revenue Code to: (1) allow a 30% tax credit for investment in a qualifying offshore wind facility (an offshore facility using wind to produce electricity), and (2) direct the Department of the Treasury to establish a qualifying credit for offshore wind facilities program to consider and award certifications for investments eligible for such a credit to qualifying offshore wind facility sponsors. The bill requires Treasury to review credits allocated under this Act periodically and authorizes Treasury to make additional allocations and reallocations of such credits upon determining that: (1) the limit on the total amount of megawatt capacity for offshore facilities with respect to which credits may be allocated under the program has not been attained, or (2) scheduled placed-in-service dates of previously certified facilities have been significantly delayed and the applicant for certification will not meet the required timeline.

## Cosponsors (7)

- FRANK LOBIONDO (R-NJ), 2015-11-19T00:00:00.000Z
- Rep. Carney, John C., Jr. [D-DE-At Large] (D-DE), 2015-11-19T00:00:00.000Z
- Rep. Langevin, James R. [D-RI-2] (D-RI), 2015-12-02T00:00:00.000Z
- Rep. Sires, Albio [D-NJ-8] (D-NJ), 2015-12-02T00:00:00.000Z
- Rep. Takai, Mark [D-HI-1] (D-HI), 2015-12-02T00:00:00.000Z
- Rep. Keating, William R. [D-MA-9] (D-MA), 2016-02-26T00:00:00.000Z
- Rep. Beyer, Donald S. [D-VA-8] (D-VA), 2016-09-14T00:00:00.000Z

## Related bills

- 114-hr-3929: Office of Strategic Services Congressional Gold Medal Act
- 114-hr-3381: Childhood Cancer STAR Act
- 114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act
- 114-hr-1475: Korean War Veterans Memorial Wall of Remembrance Act
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.

## Sources
- [114-hr-4088 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4088)

## Related
- [114-hr-3929: Office of Strategic Services Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-3929)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act](https://policyrisk.com/legislation/114-hr-1786)
- [114-hr-1475: Korean War Veterans Memorial Wall of Remembrance Act](https://policyrisk.com/legislation/114-hr-1475)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4088 (as of 2025-11-18).