Department of Energy Termination Act

Department of Energy Termination Act - Title I: Abolition of the Department of Energy - Terminates the Department of Energy and all functions of such Department not transferred or continued by this Act on September 30, 1982. Directs the Director of the Office of Management and Budget to conclude the outstanding affairs of the Department of Energy, and makes unexpended funds of such Department available to the Director for that purpose.

Title II: Transfer and Continuation of Functions - Transfers specified functions of the Secretary of Energy to the Secretary of Defense, the Secretary of the Navy, the Secretary of the Interior, and the Interstate Commerce Commission. Transfers to the Department of Defense the Division of Naval Reactors and the Division of Military Application of the Department of Energy. Transfers to the Department of the Interior the Federal Energy Regulatory Commission.

Title III: Administrative and Transitional Provisions - Authorizes the transfer of personnel, property, records, and unexpended appropriations connected with any function transferred by title II of this Act to the officer to whom such function is transferred for appropriate allocation.

States that orders, rules, proceedings, and specified applications or lawsuits issued or pending under previous authority shall not be affected by the transfers under this Act.

Title IV: Effective Date - Makes September 30, 1982, the effective date of this Act.