Skip to main content
HR 2389 110th Congress House Commerce Alternative energy sources Bonds Business education Capital investments Economics and Public Finance Electric appliances Energy Energy conservation Energy efficiency Energy research Federally-guaranteed loans Finance and Financial Sector Government lending Marketing Research and development Science, Technology, Communications Small business

Small Energy Efficient Businesses Act

Introduced: May 17, 2007 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 23, 2007
Ordered to be Reported by Voice Vote.
May 23, 2007
Committee Consideration and Mark-up Session Held.
May 23, 2007
Committee Hearings Held.
May 17, 2007
Referred to the House Committee on Small Business.
May 17, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Small Energy Efficient Businesses Act - Amends the Small Business Investment Act of 1958 to: (1) authorize financial assistance through the Small Business Administration (SBA) to state and local development companies for projects that reduce energy consumption by at least 10%, reduce the use of non-renewable energy sources, or generate renewable energy sources; and (2) provide loan limits for such projects.

Amends the Small Business Act to direct the SBA Administrator to make small business loans to purchase energy efficient equipment or fixtures, or to reduce the borrower's energy consumption.

Authorizes a small business development center to carry out a small business sustainability initiative (support to small businesses to evaluate their energy efficiency and achieve increased efficiency).

Directs the Administrator to develop and coordinate a program to provide small business education on energy efficiency.

Authorizes small business investment companies to issue Energy Saving debentures.

Requires the Administrator to establish a Renewable Fuel Capital Investment Program under which the Administrator may: (1) enter into participation agreements with renewable fuel capital investment companies to promote the research, development, manufacture, and marketing of renewable energy sources; and (2) guarantee debentures issued by such companies.

What's happening now May 23, 2007

Ordered to be Reported by Voice Vote.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1