Energy Research and Development Savings Bond and Trust Fund Act of 1979
Latest action. Referred to House Committee on Ways and Means.
Energy Research and Development Savings Bond and Trust Fund Act of 1979 - Establishes as a goal the reduction of imported energy sources by one-half of the current total imports by the year 1990. Seeks to provide at least $50,000,000,000 for the financing of energy research and development for the next ten years as the method for reaching such goal by authorizing the Secretary of the Treasury to issue energy research and development savings bonds. Stipulates that the proceeds of such issue shall be deposited in the Energy Research and Development Trust Fund to be established under this Act. Sets forth terms and conditions of such issue and directs the Secretary to coordinate the administration of such bond program with existing programs for the issuance of United States savings bonds and Treasury savings certificates. States that the face amount of such issuance shall not exceed in the aggregate $50,000,000,000 outstanding at any one time. Establishes the Energy Research and Development Trust Fund as the source of funds for the program of accelerated energy-related research, development, and demonstration described in the Energy Research and Development Act.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on July 16, 1979. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on July 16, 1979: Referred to House Committee on Ways and Means.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 96th Congress (1979-80), 613 of the 12,581 bills and joint resolutions introduced became law, about 4.9 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
ROBERT EDGAR (D-PA) introduced it on July 16, 1979. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on July 16, 1979, 17223 days ago. The most recent recorded action was 17223 days ago, on July 16, 1979.
Measures do not carry over. Anything the 96th Congress has not finished by January 3, 1981 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers