Federal Energy Development Impact Assistance Act

[AI summary unavailable — showing source text] Federal Energy Development Impact Assistance Act - Authorizes the Secretary of the Interior to make Federal grants, loans, and loan guarantees for acquisition, construction, and equipment of various public facilities to States, localities, and Indian tribes which are affected by the development of Federal energy resources. Limits the aggregrate amount of outstanding Federal assistance under this Act to $1,000,000,000. Stipulates that no Federal commitments shall be entered into after September 30, 1989. Lists the following "public facilities" as eligible for assistance under this Act: schools, libraries, roads and related improvements, water supply and sewer systems, and facilities for storm water drainage, waste treatment, health care, fire protection, police, recreational participation, and governmental administration. Directs the Secretary to establish a formula for the allocation of such Federal assistance, in accordance with the following factors: (1) projected population growth resulting from additional direct employment caused by development of Federal energy resources; (2) average costs of public facilities; (3) regional differences in construction costs; and (4) need for a…