119-HR2831

Small Business Energy Loan Enhancement Act

Last action was on 4-10-2025

Bill is currently in: House
Path to Law
House Senate President

Current status is Referred to the House Committee on Small Business.

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119th CONGRESS

1st Session

H. R. 2831

1. Short title
2. Increase in certain maximum loan amounts

1. Short title

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


2. Increase in certain maximum loan amounts

(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).