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

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

April, 2014

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.

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