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HR 4345 98th Congress House Taxation Energy Energy tax credits Income tax Investment tax credit Sailing ships Shipbuilding Ships and shipping Tax credits Wind power

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.

Introduced: November 9, 1983 See on congress.gov
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This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 9, 1983
Referred to House Committee on Ways and Means.
Nov 9, 1983
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now November 9, 1983

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Kaptur, Marcy
Ohio · Jan 24, 1984
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4345: 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.. 98th Congress. Open America. https://openamerica.io/bill/98-HR-4345/
MLA
"H.R. 4345: 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.." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-HR-4345/.
Bluebook (legal)
H.R. 4345, 98th Cong. (2026), https://openamerica.io/bill/98-HR-4345/.
Markdown link
[H.R. 4345: 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.](https://openamerica.io/bill/98-HR-4345/)
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