United States · United States Congress · 17 May 1976
Expresses the support of the House of Representatives for the basic principles and positions which Secretary of State Henry Kissinger expounded in his address at Lusaka, Zambia, on April 27, 1976.
United States · United States Congress · 13 May 1976
Minority Enterprise Act - Title I: Amendments Affecting the Small Business Act - Amends the Small Business Act to establish the Office of Minority Small Business Assistance Personnel in the Small Business Administration (SBA) to work with all agencies of the Government having procurement powers in order to identify contracts suitable for minority concerns and within each regional office of the SBA to supervise and coordinate minority small business programs. Defines the term "minority" as used under this Act. Directs the Administrator of the SBA to appoint an Associate Administrator for Minority Small Business and Procurement Assistance. Increases the authorization for appropriations in the small business loan program and requires that not less than 25 percent of aggregate direct loans shall be made to minority small business concerns. Increases the authorization for appropriations for the equal opportunity loan program. Provides statutory standards for contracting and subcontracting by the United States with respect to minority businesses. Directs the Administration to prepare and publish in the Federal Register rules governing the maximum size of small business concerns qualified to receive procurement assistance under the Small Business Act. Requires that the Administration shall report to Congress and the President concerning the development of minority small businesses. Authorizes $201,600,000 to be appropriated for purposes of this title. Title II: Amendments to the Federal Property and Administrative Services Act of 1949 - Requires that a Utilization of Minority Business Enterprises clause appear in specified Government contracts. Defines "minority business enterprise" for purposes of this title. Requires that specified Government contractors establish and conduct a Minority Business Enterprises Subcontracting Program which includes: (1) designation of a liason officer to administer the contractor's program; (2) consideration of the potentialities of minority business enterprises in all "make or buy" decisions to provide materials or service; and (3) maintenance of records concerning procedures adopted and subcontracts awarded. Sets forth other preferences which will be extended to minority business enterprises. Title III: Commission on Federal Assistance to Minority Enterprise - Establishes the Commission on Federal Assistance to Minority Enterprise composed of 15 members to be appointed by the President with the consent of the Senate, from members of minority groups who are knowledgeable in minority participation in the economy. Provides for the compensation and terms of office of the members and the appointment of an Executive Director. Directs the Commission to develop methods for delivery of financial assistance to minority enterprise; for generating markets for goods and services; and for providing effective business education and technical assistance. Grants the Commission powers including: the holding of hearings, and information gathering from any agency of the U.S., in order to carry out the goals of this Act. Requires that the Commission shall submit semiannual reports to each House of Congress concerning its activities. Authorizes $748,000 to be appropriated for fiscal year 1977.
United States · United States Congress · 6 May 1976
Amends the National Housing Act to authorize expenditures by the Secretary of Housing and Urban Development for repair of major structural defects which create a serious danger to the life and safety of inhabitants of any one-, two-, three-, or four-family dwelling covered by any mortgage insured by the Federal Housing Administration.
United States · United States Congress · 6 May 1976
Authorizes the Administrator of Veterans' Affairs to make expenditures to correct serious structural defects in dwellings securing loans guaranteed or insured by the Administrator if the defect is one that existed on the date of issuance of the loan and is one that a proper inspection could reasonably be expected to disclose (presently, the dwellings must have been actually inspected by either the VA or FHA during construction). (Amends 38 U.S.C. 1827(a)).
United States · United States Congress · 3 May 1976
Requires Federal contracting authorities to give preference to contractors located in areas of high unemployment in awarding any contract for the acquisition of goods or services for public use where price is a parameter of competition among contract bidders. Requires the use of a combined price-employment preference in making such awards.
United States · United States Congress · 13 April 1976
Prohibits the theft of radio equipment used or operated in the citizens radio service. Subjects violators to a fine of not more than $5,000, imprisonment for not more than one year, or both.
United States · United States Congress · 8 April 1976
Hazardous Materials Transportation Act Amendments - Amends the Hazardous Materials Transportation Act to require shippers of hazardous materials (presently extremely hazardous) to file registration statements with the Secretary of Transportation. Authorizes appropriations of $7,000,000 annually for the fiscal years 1977 and 1978 to carry out programs relating to the transportation of hazardous materials and for other activities carried out pursuant to the Hazardous Materials Transportation Act.
United States · United States Congress · 8 April 1976
Requires that, after publication of the fifth annual cumulative supplement to the 1973 edition of the District of Columbia Code, new editions and supplements of such code be prepared and published under the direction of the Council of the District of Columbia rather than under the Office of the Law Revision Counsel in the House of Representatives.
United States · United States Congress · 8 April 1976
Local Public Works Capital Development and Investment Act - Authorizes the Secretary of Commerce, acting through the Economic Development Administration, to make grants to any State or local government for local public works projects, including but not limited to: (1) those public works projects of State and local governments for which Federal financial assistance is authorized under provisions of law other than this Act; and (2) the architectural design, engineering, and related planning of local public works projects. Stipulates that the Federal share of any project for which a grant is made under this Act shall be 100 percent of the cost of such project. Authorizes the Secretary to make an additional grant for the purpose of increasing to 100 percent the Federal contribution to a public works project for which Federal financial assistance is authorized under provisions of law other than this Act. Stipulates that no such grants shall be made for any project which has as its principal purpose the channelization, damming, dredging, or diversion of a natural watercourse, or the enlargement of any canal other than a canal designated as a historic site. Directs the Secretary to prescribe rules, regulations, and procedures necessary to carry out this Act. Lists factors that the Secretary shall consider in accordance with the relative needs of the various sections of the country, with priority consideration to those areas where unemployment exceeds the national average. Stipulates that not less than one-half of one percent nor more than ten percent of all amounts authorized under this title shall be allocated for local public works projects within any one State. Authorizes the appropriation of $2,500,000,000 through fiscal year 1977 in order to carry out this Act.
United States · United States Congress · 25 March 1976
Defines terms for purposes of this Act. Directs the Secretary of Agriculture to make loans available through the Agricultural Credit Insurance Fund to agricultural producers who suffer losses as a result of having their agricultural commodities or livestock quarantined or condemned because such commodities or livestock have been found to contain toxic chemicals dangerous to the public health.
United States · United States Congress · 3 March 1976
Amends the District of Columbia Self-Government and Governmental Reorganization Act to extend the period during which the Council of the District of Columbia lacks authority to enact legislation with respect to any provision relating to criminal offenses, criminal procedure, or prisoners and their treatment from 24 to 48 months immediately following the taking of office by the Council members first elected pursuant to such Act.
United States · United States Congress · 2 March 1976
Government Economy and Spending Reform Act - Title I: Authorizations of New Budget Authority - Terminates on specified dates budget authority for all Government programs except health care services, general retirement and disability insurance, and Federal employee retirement and disability programs which are funded by trust funds. Declares out of order in either the Senate or the House of Representatives any legislation which authorizes new budget authority not in compliance with this Act. Requires the Committees on Appropriations and the Committees on the Budget of both Houses of Congress to identify each program's functional and subfunctional category (as so characterized in the Budget of the United States, Fiscal Year 1977, transmitted to Congress by the President on January 21, 1976), the committees having legislative jurisdiction over such program, and whether such program operates under permanent authorizations and budget authority. Makes the budget termination provisions of this Act effective on the first day of the Ninety-fifth Congress. Title II: Early Elimination of Inactive and Duplicate Programs - Requires the Comptroller General of the United States to identify for Congress any programs which have duplicate objectives or for which no outlays have been made for the last two fiscal years. Directs the standing committees of both Houses to consider such programs and report recommendations on such programs before March 15, 1978, if possible. Title III: Quadrennial Program Review and Evaluation - Sets forth a timetable for reviewing the budget of a Government program. Requires review by standing committees of the Congress every four years of each program's cost, effectiveness, and the extent to which such program duplicates or is similar to any other program. States that such review shall include a comprehensive evaluation of the merits of such program to determine if it warrants continuation. Requires justification of any recommendation to fund any program which has objectives similar to or the same as another program's objectives. Directs the Comptroller General and the Congressional Budget Office to provide Congress with information and analysis of programs being reviewed under this Act. Requires the President to similarly review the merits of continuing programs contained in the annual Budget and to report the finding of such review prior to transmitting the Budget to Congress. Title IV: Continuing Review and Evaluation - Directs the Comptroller General to report to Congress the result of any audit which shows a substantial deficiency in achievement of the objectives of any Government program. Requires subsequent audits, a report of which must be submitted to Congress, to determine if such deficiency has been eliminated. Title V: Miscellaneous - States that those provisions of this Act which direct the operation of either House are enacted as an exercise of the rulemaking power of such House and recognizes the right of either House to change such rules.
United States · United States Congress · 1 March 1976
Authorizes the expenditure of $407,800 by the House Committee on the District of Columbia for inquiries and investigations. Allocates $50,000 to be expended for the procurement of consultant services. Requires the chairman of the Committee to furnish the Committee on House Administration information with respect to any study or investigation intended to be financed from such funds.
United States · United States Congress · 26 February 1976
Amends the District of Columbia Medical and Dental Manpower Act to extend through fiscal year 1977 the authority of the Secretary of Health, Education, and Welfare to make grants to nonprofit medical and dental schools.
United States · United States Congress · 24 February 1976
Guatemala Disaster Relief Act - Authorizes the President to make available assistance for relief and rehabilitation of the victims of the recent earthquake in the Republic of Guatemala. Authorizes the appropriation of $25,000,000 to carry out the purposes of this Act, under the general policies for furnishing international disaster assistance of the Foreign Assistance Act of 1961.
United States · United States Congress · 19 February 1976
Revenue Sharing Reform Act - Provides that no unit of local government receiving funds under the State and Local Fiscal Assistance Act may spend more than 45 percent of such funds in any one of the priority expenditure categories. Sets forth such priority expenditure categories which include ordinary and necessary maintenance and operating expenses for public safety, environmental protection, public transportation, health, recreation, libraries, social services for the poor and aged, and financial administration. Authorizes the Secretary of the Treasury to reserve such percentage of the total entitlement payment for any entitlement period, not to exceed 10 percent, as he deems necessary to insure that there will be sufficient funds available to pay adjustments due after the final allocation of funds. Provides that the reserved funds shall be allocated to those units of local government, excluding counties, wherein the number of persons at or below the low-income threshold exceed 15 percent. Sets forth local allocation procedures which require a unit of local government to establish procedures for the allocation of funds received in order to qualify for any payment under this Act. Requires that such procedures include citizen participation in the decision making process with regard to allocated funds and provide for the convening of a series of public hearings. Directs that no person shall be excluded from participation in, or be denied the benefits of, any program or activity of a State government or unit of local government which receives funds made available under this Act, on account of race, color, religion, sex, or national origin. Authorizes appropriations of sums necessary to carry out the purposes of this Act.
United States · United States Congress · 3 February 1976
Provides that no State shall be required to administer individual means tests for the provision of education, nutrition, transportation, recreation, socialization, or associated services provided under title XX (Grants to States For Services) of the Social Security Act to groups of low-income individuals aged sixty or older. Limits to six months the frequency of recertifications of eligibility for services under such Act.
United States · United States Congress · 29 January 1976
Authorizes and requests the President to issue a proclamation: (1) designating the week beginning April 4, 1976, as "National Rural Health Week"; (2) urging an intensification in efforts to disseminate health information; and (3) urging all persons concerned with the rural population to consider ways in which they can promote improved health services for rural America.
United States · United States Congress · 27 January 1976
Expresses the sense of the House of Representatives that the people of Angola should be allowed to determine their own political future without foreign interference. Expresses support for efforts by the Organization of African Unity to achieve a settlement of the conflict in Angola. Calls upon all countries to terminate military assistance to any group in Angola. States that the President should do his utmost to seek an agreement among the various parties involved in hostilities or in the support of such hostilities in Angola to terminate such hostilities. Directs the President to refrain from providing assistance of any kind, for military activities in Angola, until specifically approved by Congress.
United States · United States Congress · 26 January 1976
Commends the work of Clarence M. Mitchell, Junior, in leading the fight for passage of legislation to achieve full equality for all Americans and assistance to those most in need. Reaffirms the commitment of Congress to the principles which guided our Founding Fathers.
United States · United States Congress · 22 January 1976
Expands the boundaries of the Indiana Dunes National Lakeshore. Repeals provisions suspending the Secretary of the Interior's authority to acquire property within the National Lakeshore by condemnation when appropriate zoning agencies have in effect approved valid zoning ordinances applicable to such property. Revises provisions regarding retention of the right of use and occupancy by owners of improved property after such property has been acquired by the Secretary. Increases the membership of the Indiana Dunes National Lakeshore Advisory Commission. Authorizes the appropriation of sums for acquisition of lands and interests in land and for development. Requires the Secretary to complete by the end of 1977 a final master plan detailing the development of the lakeshore. Details guidelines regarding rights-of-way and easements added by this Act to the lakeshore and regarding the acquisition, improvement, and use of specified lands and easements not within the expanded boundaries.
United States · United States Congress · 16 December 1975
Expresses the sense of the Congress that the involvement of non-Angolan powers in the escalating civil war in Angola constitutes a serious threat to international peace. Expresses the concern of Congress that the covert intervention of the United States in Angola may lead to more massive American involvement. Calls upon the President to use the good offices of the United States to reach an agreement among all non-Angolan powers intervening in the Angolan civil war to end such intervention, to terminate United States involvement and to report to Congress on the steps taken to accomplish such tasks.
United States · United States Congress · 4 December 1975
Provides for an independent audit of the financial condition of the District of Columbia by an auditor selected by the chairmen of the committees on the District of Columbia of the House and Senate, the chairmen of the appropriations committees of the House and Senate, and the chairman of the Council of the District of Columbia. Requires that the Council of the District of Columbia allocate funds for such audits to be conducted every three years after completion of the audit provided for by this Act. Authorizes to be appropriated $1,500,000 to carry out the first audit as provided for by this Act.
United States · United States Congress · 4 December 1975
United Nations Participation Act - States that it is the policy of the United States to adhere to its recognized and accepted international legal obligations under the Charter of the United Nations. Disallows, under the Internal Revenue Code, credits against specified taxes of foreign countries and possessions of the United States, or credits against income, war profits, or excess profits taxes paid or accrued to a foreign country or political subdivision in respect of income from sources within an international territory administered by that foreign country or political subdivision where: (1) such administration has been held to be illegal by the International Court of Justice; and (2) the United States Government has accepted the conclusions of such International Court of Justice opinion.
United States · United States Congress · 18 November 1975
Community-Based Day Treatment and In-Home Services for Children and Families Act - Provides, under title IV of the Social Security Act, for the establishment of day treatment and in-home arrangements for services to children and families in trouble. Makes funds appropriated under the Social Security Act for child welfare services available to cooperating State agencies in the provision of day treatment and in-home services to children and families. Authorizes the appropriation of an additional $50,000,000 for each of the fiscal years following the enactment of this Act, for the purposes of this Act. Provides for the distribution of such funds to the appropriate State agencies. Defines the terms "day treatment services", and "in-home services". States that the term 'day treatment services' includes psychiatric, psychological, social casework, educational, vocational, recreational, health, and child care services, and any other services which are furnished a child or family in the home or through community-based services with the intent of preventing the child's institutionalization or other placement outside the family, except where such institutionalization or placement is in the child's best interest. States that the term 'in-home' specifically includes homemaking, housekeeping, and counseling services, and any other services which are furnished in the home and are aimed primarily at the family unit with the intent of keeping the family structure intact or reuniting a separated family. Requires States, as a condition to receiving Federal payments for child welfare services, to limit the placement of children outside or the home for treatment to those cases in which all feasible alternatives have been exhausted, or such placement has been ordered by a court of competent jurisdiction. Requires State plans for aid and services to needy families with children to provide that the State agency supervising the administration of the plan will: (1) exhaust all feasible alternatives to placement of a child in a foster home, institution, or other residential facility before placing or approving the placement of such child in such a home, institution, or facility, and (2) submit to the Secretary periodic reports indicating the steps being taken to explore such alternatives (and the various types of alternative arrangements being considered) in connection with the placement of children in such homes, institutions, and facilities.
United States · United States Congress · 6 November 1975
Young Adult Conservation Corps Act - Declares it to be a finding of Congress that unemployment levels are excessively high among young adults, and that there are large inventories of conservation work and other work of a public nature on public lands, including the national park and forest systems, which require large amounts of labor and relatively small capital investments. States that it is the purpose of this Act to complement the Youth Conservation Corps Act and to provide employment to young adults. Declares the Secretaries of Agriculture and Interior to jointly extend the Youth Conservation Corps to make possible the year-round employment of young adults. States that individuals employed as Corps members under this Act shall be between the ages of 19 and 24; shall meet applicable physical standards; shall be given preference for employment if they reside in counties in which the unemployment rate was equal to or in excess of six percent for three consecutive months; and may be employed for a total of not more than 12 months. Sets forth criteria by which the Secretaries shall be guided in determining the location of projects and the type of work to be done. States that priority should be given to counties having a high rate of unemployment and that highly labor intensive projects should be sought. States that the rate of pay for Corps members should be set at the current Federal minimum wage. Extends the provisions of this Act to cover employment of young adults in State conservation programs in accordance with the provisions of the Youth Conservation Corps Act which make such an extension. Requires the Secretaries to prepare, within eight months of the enactment of this Act, a plan for the execution of the provisions of this Act. Authorizes the appropriation of funds for preparing the plan and for preparing the sites, facilities, and equipment selected in this plan. Authorizes the appropriation of funds as specified for the four fiscal years during which young adults are employed under this Act.
United States · United States Congress · 29 October 1975
Condemns the resolution adopted by the Third Committee of the United Nations General Assembly which equates Zionism with racism, and urges the U.N. General Assembly to disapprove such resolution.
United States · United States Congress · 9 October 1975
Authorizes, under the Privacy Act of 1974, the disclosure to individual Members of Congress or their designates of information regarding individuals. (Amends 5 U.S.C. 552a)
United States · United States Congress · 9 October 1975
Authorizes the President to issue a proclamation designating the week in November which includes Thanksgiving Day in each year as "National Family Week."
United States · United States Congress · 8 October 1975
Food Industry Antitrust Reports Act - Directs the Federal Trade Commission, the Department of Justice, and the Department of Agriculture to submit to the appropriate House and Senate committees a report on actions with respect to the enforcement of the antitrust laws in the various sectors of the food industry. Requires that such report be made not later than six months after the date of enactment of this Act, and yearly thereafter. Provides that no later than five years after the enactment of this Act, the Commission shall submit to the Congress a comprehensive report on the market structure and state of competition in the food industries. Requires the Commission and the Department of Justice to provide to the Congress an analysis of the adequacy of available data on which any study is based. Authorizes the appropriation to the Commission of $1,000,000 for each of the next five fiscal years.
United States · United States Congress · 6 October 1975
Directs the chief judge of the District of Columbia Court of Appeals to summon annually for a conference the active associate justices of the court and the judges of the Superior Court, for advice on the improvement of the administration of justice in the District of Columbia.
United States · United States Congress · 1 October 1975
Authorizes the transfer of specified real property (generally located in the Southwest section of the District of Columbia) of the United States to the District of Columbia Redevelopment Land Agency.
United States · United States Congress · 1 October 1975
Mortgage Disclosure Act - Requires each financial institution which makes federally related mortgage loans to compile and make available to the public for inspection and copying at each office of that institution specified information concerning real estate loans, and savings accounts. Directs the Federal Reserve Board to prescribe such regulations as may be necessary to carry out the purposes of this Act. Requires the Federal Trade Commission to enforce the requirements imposed under this Act unless such enforcement is specifically charged to some other Government agengy.
United States · United States Congress · 17 September 1975
Japan-United States Friendship Act - Declares it to be the purpose of this Act to provide for the use of money paid to the United States in compensation for post-World War II assistance to Japan and of part of the sums to be paid by Japan to the United States in connection with the reversion of Okinawa to Japanese administration in order to enhance the understanding and support of the close friendship and mutuality of interest between our two nations. Establishes in the Treasury of the United States a trust fund to be known as the Japan-United States Friendship Trust Fund. Requires amounts in the fund to be used for the promotion of scholarly, cultural, and artistic activities between Japan and the United States. Provides that amounts in the fund may also be used to pay administrative expenses of the Japan-United States Friendship Commission. Establishes such Commission and authorizes it to develop and carry out programs for the promotion of scholarly, cultural and artistic activities by Japan and the United States, and to make grants to carry out such programs. Makes administrative provisions to enable the Commission to carry out its functions under this Act. States that the Japan-U.S. Friendship Trust Fund shall consist of: (1) 5 percent of the funds paid to the United States pursuant to the agreement between Japan and the United States concerning the Ryukyu Islands and the Daito Islands; (2) any other amounts received by the fund by way of gifts and donations; and (3) interest and proceeds credited to it from portions of the fund invested by the Secretary of the Treasury. Provides that such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States.
United States · United States Congress · 17 September 1975
Uniform Federal Welfare and Medicaid Assistance Act - Increases to 75 percent the Federal matching rate for purposes of reimbursement to States under the Medicaid and Aid to Families with Dependent Children programs of the Social Security Act.
United States · United States Congress · 17 September 1975
Truth in Budgeting Act - Provides for full congressional review of all Federal programs every 2 years by the appropriate standing committees of the House and Senate. Provides that each comprehensive review conducted by a committee with respect to a Federal program under this Act shall include a detailed consideration of the past experience under the program and a projection of the expected future experience of the program, a consideration of alternate ways of carrying out the activities involved and alternative funding levels for such activities, an evaluation of each such alternative in terms of its probable costs and benefits, a comparison of each such alternative with other programs and activities in the same or related fields, and an evaluation of the overall success or failure of the program. Details the method to be used to review such programs by the standing committee. Provides that no funds in excess of the appropriations for the previous year may be authorized for a program that has not been subject to review during the calendar year.
United States · United States Congress · 11 September 1975
Provides under the Social Security Act that where benefits are claimed under the Aid to Families with Dependent Children (title XIV), the Medicaid program (title XIX) other Social Services programs, and Federal-State public assistance programs, the Secretary of Health, Education, and Welfare shall make a determination as to the eligibility of the claimant within 90 days of submission of the claim (120 days where the Secretary requires more information from the appropriate State and such information is not furnished within the first 60 days after submission of the claim). Provides that payments made to States for medical assistance to aged, blind, or disablied individuals later determined by the Secretary to be ineligible for such payments shall not be deemed an overpayment to such state.
United States · United States Congress · 9 September 1975
Authorizes the people of the Virgin Islands to organize a government pursuant to a constitution of their own adoption under the provisions of this Act. Authorizes the Legislature of the Virgin Islands to call a constitutional convention to draft a constitution for the people of the Virgin Islands. Requires that such constitution shall include a bill of rights. Provides for eligibility for membership at the convention. Establishes voting procedures for the approval or disapproval of such constitution as may be drafted by the convention. Provides that upon taking effect, a constitution drafted and approved under this Act shall supersede such provisions of the Organic Act of the Virgin Islands as may be inconsistent with such constitution.
United States · United States Congress · 8 September 1975
Prohibits discrimination based on sex or marital status with respect to the sale or rental of housing under the Civil Rights Act and the National Housing Act.
United States · United States Congress · 3 September 1975
Directs the Secretary of the department in which the Coast Guard is operating to take such action as may be necessary and appropriate to insure that female individuals shall be eligible for appointment and admission to the Coast Guard Academy on the same basis as male individuals.
United States · United States Congress · 31 July 1975
Congressional Public Financing Act - Adds a new subtitle to the Internal Revenue Code: the Congressional Election Campaign Fund Act. Directs the Secretary of the Treasury to maintain in the Presidential Election Campaign Fund a separate account to be known as the Congressional Election Payment Account. Directs the Secretary to deposit into the Congressional Election Payment Account that portion of the annual amounts designated by taxpayers on their income tax returns that equals the excess above 25 percent of the total amount made available in the last Presidential election. Authorizes the Federal Election Commission to conduct an examination and audit of the campaign contributions raised for purposes of obtaining matching funds and the qualified campaign expenditures made by all candidates for Federal office and official political party committees who received payments under this Act. Provides criminal penalties for violations of this Act. Provides for payments of funds in amounts matching the contributions received by candidates for the office of U.S. Senator or U.S. Representative. Imposes limitations on the amounts of such funds to be disbursed to any individual candidate, and restricts the uses to which such matching funds may be put.
United States · United States Congress · 23 July 1975
Provides that a State legislator shall be eligible for the tax deduction under the Internal Revenue Code for living expenses (up to $300) presently allowed to members of Congress.
United States · United States Congress · 22 July 1975
Truth in Government Act - Expressly makes Federal employees and elected officials criminally liable for knowingly and willfully making false statements in any matter within the jurisdiction of any department or agency of the United States.
United States · United States Congress · 9 July 1975
Industrial Energy Conservation Act - States that the energy needs of United States industry are increasing consistently, although energy resources are limited, and that the conservation of energy is therefore necessary. Declares that rapid development and cost-effectiveness demonstrations, and widespread application by industry, of energy-efficient technologies can be facilitated by Federal financial assistance in the form of research, development, and demonstration projects and through incentives to companies that invest in such technologies. States that it is the purpose of this Act to stimulate the development of energy-efficient technologies in American industry. Defines terms used in this Act. Directs the Administrator of the Energy Research and Development Administration to establish and maintain a program for research, development and demonstration of energy conserving industrial technologies, including: (1) basic and applied research under the control of the Administrator; (2) the development by the Administrator or private persons of prototypes or demonstration models of energy conserving technologies; and (3) the making of grants to private organizations to facilitate the incorporation of such technologies into commercial operating industrial plants, such projects to be used as demonstrations for other industrial facilities. Sets forth priorities to be observed by the Administrator in determining the recipients of grants under this Act. Authorizes the Administrator to make loans and loan guarantees for the purchase, construction, operation or maintenance of energy-efficient equipment or facilities. Enumerates priorities to be observed in making or guaranteeing such loans, including: (1) the extent to which a loan recipient is located within a depressed industrial area, and will contribute to the economic recovery of such area; (2) the extent to which such loan or guarantee will foster the widespread adoption of energy conservant technology; (3) the extent to which modernization, rather than replacement, of existing equipment will contribute to the purposes of this Act; and (4) the extent to which small businesses will be able to participate in the benefits resulting from this Act. Sets forth regulations governing the administration of loans and guarantees made pursuant to this Act. Requires that at least 60 percent of the funds available for loans and guarantees be allocated to recipients in depressed industrial areas. Sets forth additional regulations pertaining only to loan guarantees made pursuant to this Act. Limits the outstanding indebtedness guaranteed under this Act to $500,000,000 at any one time. States that no guarantee shall be made under this Act after September 30, 1977. Authorizes appropriations to carry out the purposes of this Act.