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HOUSE BILLS

H.R. 36 (Teague). Referred to the Committee on Science and Technology.

Introduced January 14, 1975.

Establishes the Energy Conservation

Research and Development Corporation to regulate commerce and improve the efficiency of energy utilization by consumers. The Corporation will conduct research and development in areas which offer substantial potential for the conservation of energy resources. Eight areas are identified including research into decentralized energy systems for residential, commercial, and industrial uses, such as fuel cells, total energy systems, district heating systems, fuel from organic waste, and solar space conditioning.

H.R. 1505 (Vanik). Referred to the Committee on Ways and Means. Introduced January 15, 1975. Companion bill to S. 168 (Domenici).

H.R. 1697 (McClory). Referred to the Committee on Ways and Means.
Introduced January 20, 1975. Amends the Internal Revenue Code

of 1954 to permit a tax deduction with respect to the purchase
and installation of solar heating and cooling equipment. The
deduction allowed a taxpayer for any taxable year shall not exceed
50 percent of the expenses paid for the purchase or installation
of solar heating and cooling equipment as defined by the Secretary
of Commerce acting through the National Bureau of Standards.

H.R. 2873 (Conte). Referred to the Committee on tive Judiciary. Introduced February 5, 1975. Companion bill to S. 489 (Abourezk).

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H.R. 3474 (Price).

Referred to the Joint Committee on Atomic Energy and the

Committee on Science and Technology.

Introduced February 20, 1975 to authorize appropriations to the Energy

Research and Development Administration for Fiscal Year 1976.

Authorizes

$3,418,587,000 for "Operating expenses" and makes various authorizations for

"Plant and capital equipment."

H.R. 3849 (Gude). Referred to the Committee on Banking, Currency and
Housing.

Introduced February 27, 1975. Companion bill to S. 875 (Hart).

H.R. 5005 (Ullman). Referred to the Committee on Ways and Means Introduced March 17, 1975. The "Energy Conservation and Conversion Act of 1975" establishes a comprehensive national energy conservation and conversion program. Three sections pertian to solar

energy:

Sec. 332.

Residential solar energy equipment. Allows a tax credit equal to the sum of 40 percent of the qualified solar energy equipment expenditures paid by the taxpayer during the taxable year with respect to any residence to the extent that such expenditures do not exceed $1000.

Sec. 723. Amortization of qualified solid waste burning equip

ment. Allows a deduction with respect to the amortization of the adjusted basis of any qualified solid waste burning equipment based on a period of 60 months. Qualified equipment means any machinery used in a facility which burns solid waste, or a combination of solid waste and coal, as its principal fuel. The term "solid waste"

HOUSE BILLS

means garbage, refuse, and other discarded solid materials, including solid-waste materials resulting from industrial, commercial, and agricultural operations, and from community activities.

facilities.

Sec. 724. Amortization of certified electric power generating Allows a deduction with respect to the amortization of any certified generating facility based on a period of 60 months.

The term "certified generating facility" means any facility for the generation of electricity which does not use petroleum or petroleum products (including natural gas) as its fuel.

H.R. 5959 (Wylie). Referred to the Committee on Ways and Means.

Introduced April 15, 1975. Amends the Internal Revenue Code of 1954 to provide a tax credit for expenditures for solar heating and cooling equipment installed in new or existing buildings, and a tax credit for expenditures for insulation in an individual's principal residence.

Provides a 25 percent credit for qualified solar heating and cooling equipment expenditures to the extent that such expenditures do not exceed $8,000. Provides a 12.5 percent credit for qualified expenditures over $8,000. To be qualified equipment must meet the definitive performance criteria prescribed

by the Secretary of HUD under section 8 of the Solar Heating and Cooling Demonstration Act of 1974.

Qualified equipment for use in nonresidential

structures must meet such criteria as the Secretary shall prescribe by

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H.R. 6584 (Gude). Referred to the Committee on Ways and Means.

Introduced May 1, 1975. Amends the Internal Revenue Code of 1954 to allow a taxpayer to amortize over a 60-month period, solar heating and cooling. equipment which is placed in service for nonresidential structures, or in lieu of such amortization, to take an investment tax credit for such equipment.

B. FEDERAL GOVERNMENT MATERIALS (SEE TABLE OF CONTENTS)

1. Material supplied for the record by the Science Policy Research Division, Congressional Research Service, Library of Congress

a. Excerpts from issue brief by J. Glen Moore, "Solar Power," May 8, 1975

SOLAR POWER

ISSUE BRIEF NUMBER IB74059

AUTHOR:

Moore, J. Glen

Science Policy Research Division

THE LIBRARY OF CONGRESS

CONGRESSIONAL RESEARCH SERVICE

MAJOR ISSUES SYSTEM

DATE ORIGINATED 05/01/74
DATE UPDATED 07/15/75

FOR ADDITIONAL INFORMATION CALL 426-5700

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