National Energy and Environment Research Corporation Act

[AI summary unavailable — showing source text] National Energy and Environment Research Corporation Act - States the purposes of this Act, including: (1) to ensure that the resources of private enterprises and the Federal Government are effectively and efficiently committed to maximizing technological research and development consistent with the preservation of environmental quality; and (2) to establish a wholly Government-owned corporation to guarantee and make loans to promote and advance basic research and development in scientific and technological areas determined to be of critical national concern, specifically including the inadequacy of future energy sources, resource conservation, and environmental problems threatening the national welfare. Title I: Structure and Financing of Corporation - Establishes the National Energy and Environment Research Corporation as a body corporate. Makes the Corporation an instrumentality of the United States, to have succession until dissolved by Act of Congress. Provides for the Board of Directors of the Corporation. Provides for the appointment and compensation of the officers and employees of the Corporation. Stipulates that no director, officer, attorney, agent, or employee of the Co…