Energy Research, Development, and Demonstration Administration Act

Energy Research, Development, and Demonstration Administration Act - Title I: Statement of Findings and Declaration of Purpose - Declares that it is the purpose of this Act to undertake a national commitment to resolve the energy shortages and provide the means for achieving a national capability for energy self-sufficiency through socially and environmentally acceptable methods for producing, conserving, and utilizing all forms of energy.

Title II: Establishment and Organization of Energy Research, Development and Demonstration Administration - Establishes, as an independent establishment of the executive branch, the Energy Research, Development, and Demonstration Administration (hereinafter referred to as the "Administration" or "ERDDA").

Provides that the management of ERDDA shall be vested in a Board of Governors composed of 15 members. Sets forth the composition of such Board, including Government officials and seven Governors appointed by the President with the advice and consent of the Senate. Provides for an Administrator and Deputy Administrator, a General Counsel, and Assistant Administrator of ERDDA.

Title III: Functions - Enumerates the duties and responsibilities of the Administrator. States that the Administration shall have all the authority incidental, necessary, or appropriate to implementing its responsibilities, including without limitations, authorization: (1) to ensure that full consideration and adequate support is given to advancing energy research and development of efficient and environmentally acceptable energy sources, technologies, and techniques, including coal gasification, shale oil development, solar energy, and cryogenic transmission of electric power; (2) to prescribe policies, procedures, and regulations; (3) to enter into contracts and grant agreements with public agencies and private organizations and persons; (4) to engage in joint projects of a research, developmental, and demonstration nature with public agencies and private organizations or individuals; (5) to acquire any of the following described rights if the property acquired thereby is for use by the Administration: (a) copyrights, patents, and applications for patents; (b) licenses under copyrights, patents, and applications for patents; (c) releases, before suit is brought, for past infringement of patents or copyrights; and (d) use of Federal lands; (6) to make special studies, and (7) to exercise any authority available by law, including appropriations Acts, to the official or agency from which functions were transferred.

Title IV: Transfers - Transfers to the Administration such Federal energy research and development functions and programs as are essential to ERDDA's fulfilling its obligations under this Act, including energy research programs of the Atomic Energy Commission, of the Departments of Interior, Commerce, Transportation, Housing and Urban Development, and of independent agencies such as the General Services Administration, the National Aeronautics and Space Administration, the National Science Foundation, and the Tennessee Valley Authority.

Title V: Savings Provisions - Provides that specified orders, permits, contracts, licenses, and privileges issued, in the performance of functions which are transferred by this Act shall continue in effect until modified, terminated, superseded, set aside or revoked. Enumerates the circumstances under which the provisions of this Act shall not have effect.

Title VI: Funding - Establishes in the Treasury a trust fund to be known as the Federal Energy Research, Development, and Demonstration Trust Fund. Provides that, commencing with fiscal year ending June 30, 1974, and each fiscal year thereafter, all revenues from Federal lease sales of all energy sources, as well as royalties, shall, up to $2,000,000,000, be credited to the fund.

Provides that in addition to such funds there is authorized to be appropriated to the fund for the fiscal year ending June 30, 1974, and each fiscal year thereafter, such amount as is necessary to make the income of the fund $2,000,000,000 for each such fiscal year.

Title VII: Nuclear Energy Commission - Provides that the Atomic Energy Commission shall retain its functions pertaining to uranium and thorium reserve assessment, and its functions pertaining to the licensing and related regulatory functions of the Commission.

Renames the Atomic Energy Commission the Nuclear Energy Commission.

Title VIII: Effective Date and Interim Appointment - States that the provisions of this Act dealing with title II shall take effect on the day of enactment and that all other provisions shall take effect thirty days thereafter.

Title IX: Definitions and Administrative Provisions - Sets forth the definitions of terms used in this Act.

Title X: Separability - Provides that if any provision of this Act, or the application thereof, to any person or circumstances is held invalid, the remainder of the Act, and the application of such provision to other persons or circumstances shall not be affected thereby.