A bill to amend the Internal Revenue Code of 1954 to allow the energy investment credit for equipment designed to use sail power on vessels to lower fuel costs.

referredUnited States· United States Congress· EN

Introduced

9 November 1983

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow an energy investment tax credit for equipment designed to use sail power on vessels. Specifies that qualified equipment shall include: (1) masts; (2) standing and running rigging; (3) sails; (4) deck hardware related to hoisting, trimming, or otherwise controlling sails; and (5) rotor systems. Specifies that such credit shall apply to periods after December 31, 1984, and prior to January 1, 1990.

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Documents

1 official file

Introduced in House
summary · EN · 9 November 1983
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/98th-congress/house-bill/4345
Open data entity: https://api.congress.gov/v3/bill/98/hr/4345