S 1149 · 94th Congress · Energy

National Energy Conservation Act

Introduced 1975-03-11· Sponsored by Sen. Humphrey, Hubert H. [D-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Public Works.(1975-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] National Energy Conservation - Title I: Findings, Purpose, Policies - Establishes a national policy of reducing the domestic energy growth rate to 2 percent from a historic 3.4 percent, and of reducing Federal Government non-renewable fuel consumption by 25 percent between 1974 and 1980. Expresses additional findings and declarations of Congress with respect to energy conservation. Title II: Transportation Studies - Directs the Secretary of Transportation to report to Congress on the energy conservation potential of lower speed limits, the integration of regional transportation modes, and revision of Federal transportation regulations. Title III: Tax Credits for Building Insulation, for Installation of Solar Energy Devices, and for Installation of Coal-Fired Boilers - Allows a tax credit under the Internal Revenue Code for thermal retrofit of structures with insulation, for installation of solar energy space heating and electric generation devices, and for installation of coal-fired boilers in place of oil or gas-fired boilers. Provides that homeowners and renters are eligible for a 25 percent tax credit with a $500 ceiling for retrofiting (to expire on June 30, 1979). Provides tha…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

4 Democrats