National Energy Efficiency Development Act - Establishes the National Energy Efficiency Development Administration, headed by an Administrator who shall be appointed by the President, by and with the consent of the Senate, to develop energy-efficient technologies and reduce U.S. imports of oil by 50% by 2015.
Establishes in the Administration: (1) a Policy Advisory Committee; (2) an Office of Administration (to include an Energy Efficiency Economics Division, an Education Division, and the position of General Counsel); (3) an Office of Policy, Research, and Development; and (4) an Office of Venture Capital.
Authorizes the Administrator to solicit the development of energy-effcient technologies.