H.R. 1491 · 118th Congress · House

Small Business Energy Loan Enhancement Act

Active· Referred to the House Committee on Small Business.
Introduced
Mar 9, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Small Business Energy Loan Enhancement Act

This bill increases from $5.5 million to $10 million the maximum amount of certain Small Business Administration loans for plant acquisition, construction, conversion, and expansion. Projects eligible for these increased loan amounts must (1) reduce the borrower's energy consumption by at least 10%; or (2) generate renewable energy or renewable fuels, such as biodiesel or ethanol production.

Action Timeline

3
  1. MAR 09, 2023IntroReferral

    Introduced in House

  2. MAR 09, 2023IntroReferral

    Introduced in House

  3. MAR 09, 2023IntroReferral

    Referred to the House Committee on Small Business.

Committees

1

Small Business Committee

hssm00

Referred: Mar 9, 2023

Active