Solar Energy Act - Requires that the Secretary of Commerce shall conduct research into how solar energy can be used to heat and cool buildings and shall collect appropriate weather data for the various climatic regions of the United States for the purpose of determining the extent to which reliance upon solar energy is feasible in each region.
Requires the Secretary to: (1) develop and test new building designs and construction methods which involve the utilization of solar energy equipment; and (2) prescribe standards and specifications for such building designs and construction methods.
States that in determining the maximum dollar amount of a mortgage which may be insured under the National Housing Act, with respect to any dwelling or residence which involves a building design or construction methods which meet the standards prescribed by the Secretary, he may increase the maximum amount of a mortgage which may be insured with respect to such dwelling or residence by the amount by which the cost of using such building design or construction methods exceeds the cost of using conventional building design and construction methods.
Introduced in House
Introduced in House
Referred to House Committee on Banking and Currency.
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