A bill to establish a National Energy Trust Fund, and to provide for the use of such Fund by the Secretary of Energy in conducting and supporting research, development, and demonstrations designed to develop alternative energy sources.
National Energy Trust Fund - Establishes in the United States Treasury a National Energy Trust Fund.
Authorizes the Secretary of Energy to provide assistance from such Fund for research, development, and technical demonstrations in the field of alternate energy sources. Limits such assistance to any recipient to a maximum of $100,000,000 per fiscal year. Authorizes the Secretary to exceed such limitation and provides guidelines for such a determination.
Directs the Secretary to submit an annual report to the Congress concerning programs assisted under this Act.
Introduced in House
Introduced in House
Referred to House Committee on Science and Technology.
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