Energy Policy Act

(LATEST SUMMARY)

Energy Policy Act - Declares that it is the purpose of this Act to protect and promote the interest of the people of the United States as energy users by establishing a Council on Energy Policy.

Sets forth the purpose of the Council including: (1) to establish a central point for the collection, analysis and interpretation of energy statistics; (2) to coordinate all energy activities of the Federal Government; and (3) to prepare, in consultation with other interested organizations and bodies, a long range comprehensive plan for energy utilization.

Provides that, to the fullest extent possible: (1) the policies, regulations, and public laws of the United States shall be interpreted and administered in accordance with the policies set forth in this Act; and (2) all agencies of the Federal Government shall perform the functions set forth in this Act.

Creates in the Executive Office of the President a Council on Energy Policy which shall be composed of three members appointed by the President, by and with the advice and consent of the Senate. Provides that the Council shall serve as the principal advisor to the President and the Congress on energy policy. Specifies additional duties of the Council.

Provides that the Comptroller General shall monitor and evaluate operations of the Council.

Provides that the Council shall cause to be prepared and submitted to the President and to the Congress on or before January 1, 1974, and annually thereafter, an energy report which shall include information requested by this Act.

Authorizes to be appropriated to carry out the provisions of this Act not to exceed $1,000,000 for fiscal year 1974, $2,000,000 for fiscal year 1975, and $4,000,000 for each fiscal year thereafter.