HR 4396 · 96th Congress · Energy
Industrial Energy Conservation Act of 1979
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking, Finance and Urban Affairs.(1979-06-08)
Plain Language Summary
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Industrial Energy Conservation Act of 1979 - Directs the Secretary of Energy to develop a research, development, and demonstration program concerning energy-conserving industrial technologies, including the making of grants to facilitate incorporation of such technologies into ongoing commercially conducted industrial enterprises and processes. Sets forth priorities in determining the activities of such program and in selecting contract and grant recipients. Authorizes the Secretary to make loans and loan guarantees for the purchase, construction, operation, or maintenance of energy-efficient equipment or facilities. Sets forth priorities for selecting recipients for such loans and loan guarantees and states requirements for regulations to be issued by the Secretary concerning such loans and loan guarantees. Directs the Secretary to provide technical assistance to private industrial concerns to help establish and implement industrial energy conservation projects. Authorizes the appropriation of up to $35,000,000 for fiscal year 1980 and $50,000,000 for fiscal year 1981 to carry out the research, development, and demonstration program and technical assistance provisions of this Act,…
Summarized by Claude AI · Non-partisan · For informational purposes only