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United States · Bill · S

S. 1356 (97th)

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.

openUnited States· United States Congress· EN

Introduced

11 June 1981

Last action

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to qualify for the investment tax credit sail equipment which, when installed on a vessel used in the foreign or domestic commerce of the United States, allows operation of the vessel solely through the use of wind energy.

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Documents

1 official file

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Sources

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