A bill to amend title V of the Powerplant and Industrial Fuel Use Act relating to electric utility compliance options.

Amends the electric utility system compliance option requirements of the Powerplant and Industrial Fuel Use Act of 1978 to: (1) extend the date for the submission of the system compliance plan required under such Act from January 1, 1980 to December 31, 1980; (2) extend the date for converting electric utility powerplants from using natural gas from 1990 to 1995; and (3) to increase from 20 percent to 50 percent the percentage of gas-fired powerplants owned or operated by an electric utility which must be converted by such date.