Energy Relief and Reorganization Act

Summary

Energy Relief and Reorganization Act - Title I: Urban Mass Transportation Act and Internal Revenue Code Amendments - Provides, under the Urban Mass Transportation Act, that the Secretary of Transportation is authorized to make grants in the amount of the fuel price increase adjustment to assist States and local public bodies and agencies in the payment of operating expenses incurred in connection with the provision of urban mass transportation bus service in urban areas in fuel price increase years. Authorizes to be appropriated such sums as may be necessary for such purposes. Provides, under the Internal Revenue Code, that in the case of any taxpayer who operates an urban mass transportation bus service during a calendar year beginning after December 31, 1972, and ending with or within his taxable year, there shall be allowed as a credit an amount equal to the fuel price increase adjustment for such calendar year which is attributable to such services. Title II: Ban on Ornamental Gas Lighting and Pilot Lights - Provides, under the National Gas Act, that natural gas companies and distribution companies shall be prohibited from selling natural gas to any person whom such company knows will use such gas for exterior lighting purposes on or about a residence. Title III: Establishing a Standing House Committee on Energy - Provides for the creation of a standing Committee on Energy in the House of Representatives to conduct studies of the development, application, use, and control of all forms of energy and power in order to establish a coordinated program for the development, application, use, and control, for and in the United States, of all forms of energy and power. Makes technical and conforming amendments to the Rules of the House of Representatives.

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1 official file

• Introduced in House

  summary · EN · 4 April 1974

  Open at official source

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