National Energy Trust Fund Act

Summary

National Energy Trust Fund Act - Establishes a National Energy Trust Fund. Directs the Secretary of Energy to provide from such fund assistance to individuals and organizations in conducting research, development, and technical demonstrations designed to develop alternative energy sources, including solar energy, geothermal energy, and new hydroelectric energy uses. Limits assistance to any one individual or organization to $120,000,000 in any fiscal year, with a specified exception. Directs the Secretary to prescribe regulations, including specific guidelines and criteria, to encourage assistance to small business applicants and to provide assurances that assistance will be provided for as many different technologies and approaches for the development of alternative energy sources as possible. Requires a report by the Secretary to Congress on the implementation of this Act. Authorizes appropriations to the trust fund.

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Timeline

1. 26 February 1981

   Introduced

   Referred to House Committee on Science and Technology.

   Source: IntroReferral

2. 26 February 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 February 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 March 1981

   Referred

   Referred to Subcommittee on Energy Development and Applications.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 26 February 1981

  Open at official source

Sponsors

• Rep. Pursell, Carl D. [R-MI-2] · R · Sponsor
• Rep. Weiss, Ted [D-NY-17] · D · Sponsor
• Rep. Sawyer, Harold S. [R-MI-5] · R · Sponsor
• Sen. Jeffords, James M. [I-VT] · R · Sponsor
• Rep. Stokes, Louis [D-OH-11] · D · Sponsor
• · hssy00 · Standing

Related records

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