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.

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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Timeline

1. 9 November 1983

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 9 November 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 November 1983

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 9 November 1983

  Open at official source

Sponsors

• Rep. Studds, Gerry E. [D-MA-10] · D · Sponsor
• Rep. McKernan, John R., Jr. [R-ME-1] · R · Sponsor
• Rep. Frank, Barney [D-MA-4] · D · Sponsor
• Rep. D'Amours, Norman E. [D-NH-1] · D · Sponsor
• Rep. Ackerman, Gary L. [D-NY-5] · D · Sponsor
• Rep. Bedell, Berkley W. [D-IA-6] · D · Sponsor
• Rep. McNulty, James F., Jr. [D-AZ-5] · D · Sponsor
• Rep. Foglietta, Thomas M. [D-PA-1] · D · Sponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Cosponsor
• Rep. Crockett, George W., Jr. [D-MI-13] · D · Cosponsor
• Sen. Boxer, Barbara [D-CA] · D · Cosponsor
• Rep. Brown, George E., Jr. [D-CA-42] · D · Cosponsor
• · hswm00 · Standing

Related records

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