A bill to direct the Administrator of Energy Research and Development to establish a system of research and development of energy-conserving industrial technologies with due regard for the need to operate such a system in a manner which will stimulate depressed sectors of the American economy.
Industrial Energy Conservation Act - Directs the Administrator of Energy Research and Development under the Energy Reorganization Act to establish and maintain a comprehensive program for the conduct, sponsorship, and promotion of research, development, and demonstration of industrial energy-conserving technologies. Specifies criteria that the Administrator is required to apply in reaching decisions regarding the directions, priorities activities, and operations of the industrial energy conservation program.
Requires the Administrator, in furthering the goals of this Act, to: (1) allocate 60 percent of the funds available for contracts, grants, and loans to depressed areas; and (2) promulgate rules and regulations.
Requires the Administrator to compile a list of depressed industrial areas.
Authorizes to be appropriated for the fiscal year 1976, and for each fiscal year thereafter, such funds as necessary to carry out the purposes of this Act.
Referred to House Committee on Science and Technology.
Introduced in House
Introduced in House
Referred to House Committee on Science and Technology.
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