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HR 4345 98th Congress House

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: January 24, 1984 See on congress.gov
Taxation EnergyEnergy tax creditsIncome taxInvestment tax credit
More subjectsShow fewer subjects
Sailing shipsShipbuildingShips and shippingTax creditsWind power
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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 Latest action November 9, 1983

Referred to House Committee on Ways and Means.

 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.

 Committees of jurisdiction 1
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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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