A bill to amend the Small Business Act and the Federal Nonnuclear Energy Research and Development Act of 1974 to provide certain assistance to individuals and small business concerns in the areas of solar energy equipment and energy-related inventions.

Summary

Title I: Small Business Act Amendments - Amends the Small Business Act to authorize the Small Business Administration to make loans to assist small business concerns in financing plant construction and the acquisition of equipment and supplies for the producing of solar energy or other energy conserving equipment. Authorizes the appropriation of $75,000,000 for such purpose. Authorizes the Administration to provide additional assistance to small businesses in the area of training seminars and technical manuals on the design, installation, and maintenance of solar energy equipment. Title II: Federal Nonnuclear Energy Research and Development Act of 1974 Amendments - Amends the Federal Nonnuclear Energy Research and Development Act of 1974 to establish an Office of Invention and Innovation in the Energy Research and Development Administration. Authorizes the Office to evaluate proposals for the development of energy-related inventions and to provide financial assistance for the development of such inventions. Stipulates that not less than 20 percent of the funds appropriated to the Energy Research and Development Administration for solar energy programs shall be expended for the benefit of small business concerns and individual inventors. Directs the Administrator of the Energy Research and Development Administration to encourage the participation of individuals and small businesses in the research, development, and advancement of energy-conserving technologies.

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1 official file

• Introduced in House

  summary · EN · 21 April 1977

  Open at official source

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