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.

[AI summary unavailable — showing source text] 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.…