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Taxation

Rep. Fallon Introduces Rescinding Offshore Wind Tax Credit Act

| Posted in Press Releases
Tags: Energy, Taxation, Defense
From the office of Congressman Pat Fallon

Washington, DC -- Today, Rep. Pat Fallon (TX-04) introduced the Rescinding Offshore Wind Tax Credit Act, which would disallow the production tax credit and investment tax credit for offshore wind facilities placed in service in the inland navigable waters of the United States or the coastal waters of the United States. "Offshore wind farms threaten military readiness…

House Passes Rep. Fallon's Special District Grant Accessibility Act

| Posted in Press Releases
Tags: Health, Transportation and Public Works, Energy, Taxation
From the office of Congressman Pat Fallon

WASHINGTON, D.C.-- Yesterday, the U.S. House of Representatives passed Rep. Pat Fallon's (TX-04) Special District Grant Accessibility Act (H.R. 7525), a bill that would codify a first-ever definition of “special district” in federal law and ensure that districts are eligible for all appropriate forms of federal financial assistance.   This piece…