HR 6921
117th Congress
House
Commerce
Small Business Energy Loan Enhancement Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2022
Referred to the House Committee on Small Business.
Mar 3, 2022
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1