Accelerated Alternative Energy Resource Commercialization Act

Summary

Accelerated Alternative Energy Resource Commercialization Act - Amends the Federal Energy Administration Act of 1974 to extend the expiration date of such Act to September 30, 1985. Authorizes the appropriation of such sums as may be necessary for fiscal year 1976 to carry out the purposes of the Act. Includes foreign affiliates of United States firms and foreign firms doing business in the United States within the disclosure provisions of such Act. Imposes criminal and civil penalties for failure to provide information to the Federal Energy Administrator as required by the Act. Authorizes the appropriation of not less than $3,000,000 in fiscal year 1976 for the completion of a report from the President to Congress on the organization of energy and related governmental functions, including an analysis of alternative reorganizations of Executive departments. Authorizes the appropriation of not less tha $5,000,000 in fiscal year 1976 for the preparation of a comprehensive national plan to accelerate the commercial use of alternative energy resources. Defines "alternative energy resources" to include synthetic fuels, geothermal energy, and solar energy. Establishes an additional position of Assistant Administrator within the Federal Energy Administration, whose primary responsibility shall be promoting the accelerated development of alternative energy resources. Specifies program guidelines and goals for the development of such resources. Directs the Administrator to establish an Office of Solar Energy Affairs.

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1 official file

• Introduced in House

  summary · EN · 25 February 1976

  Open at official source

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