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119th CongressH. R. 2831

Introduced in House

Small Business Energy Loan Enhancement Act

SEC. 1. SHORT TITLETrack this section →

This Act may be cited as the Small Business Energy Loan Enhancement Act.

SEC. 2. INCREASE IN CERTAIN MAXIMUM LOAN AMOUNTSTrack this section →

(a) In general Section 502(2)(A) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)) is amended— (1) in clause (iv), by striking $5,500,000 and inserting $10,000,000; and (2) in clause (v), by striking $5,500,000 and inserting $10,000,000. (b) Report Not later than 1 year after the date of enactment of this Act, and annually thereafter, the Administrator of the Small Business Administration shall submit to Congress a report that details, for the year covered by the report, the industries and geographic areas with respect to which the Administrator has made loans under clauses (iv) and (v) of section 502(2)(A) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)), as amended by subsection (a).

•HR 2831 IHText from GovInfo