504 Green Energy Enhancement Act

United States117th CongressS-1758Senate
Updated: May 20, 2021

Summary

504 Green Energy Enhancement Act This bill increases from $5.5 million to $20 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.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Senate

  2. Introduced in Senate

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