HR 4822 · 96th Congress · Energy
Solar and Energy Conservation Commercialization Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Small Business.(1979-07-17)
Plain Language Summary
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Solar and Energy Conservation Commercialization Act - Amends the National Housing Act to specify additional types of solar energy systems eligible for financial assistance under such Act. Stipulates that such systems shall include solar heating and cooling and hot water systems, geothermal and wind energy systems, and other energy conservation measures and equipment such as insulation, heat pumps, and devices to improve furnace efficiency. Authorizes the Secretary of Housing and Urban Development to make grants and loans to individuals and families to assist in the purchase of solar, renewable source, and energy conservation measures and equipment. Authorizes grants and loans for similar purposes to neighborhood, community, or nonprofit groups. Amends the Small Business Act to authorize the Administrator of the Small Business Administration to make loans to small businesses to assist in the purchase and installation of solar, renewable source, and energy conservation improvements and equipment. Directs the Secretary of Housing and Urban Development, the Administrator of the Small Business Administration, and the Federal Energy Administrator to cooperate in carrying out the provisio…
Summarized by Claude AI · Non-partisan · For informational purposes only