S 2532 · 94th Congress · Power resources

Energy Independence Authority Act

Introduced 1975-10-20· Sponsored by Sen. Fannin, Paul J. [R-AZ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred jointly to Senate Committee on Banking, Housing and Urban Affairs; and Joint Committee on Atomic Energy.(1975-11-05)

Plain Language Summary

[AI summary unavailable — showing source text] Energy Independence Authority Act - Title I: Findings and Purposes - Declares it to be the finding of Congress that the achievement of energy independence for the United States by 1985 is essential to the health of the national economy, the well-being of the citizens and the maintenance of national security, and that achieving the goal of energy independence in an expeditious manner which gives due regard to the need to protect the environment can be facilitated by establishing an independent entity of limited duration which will provide additional capital, in conjunction with private sources of capital, to assist the development and conservation of domestic energy resources and by encouraging the prompt resolution of questions coming before Federal regulatory or licensing entities. States that it is the purpose of this Act to encourage and assure the flow of capital funds to those sectors of the national economy which are important to the development of domestic sources of energy independence for the United States by 1985 or the long-term security of energy sources and supplies, and to expedite and facilitate Federal regulatory and licensing decisionmaking. Title II: Corporate Sta…

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

Cosponsors (3)

1 Democrat2 Republicans