Legis Daily

Small Business Energy Loan Enhancement Act

USA119th CongressHR-2831| House 
| Updated: 4/10/2025
Jason Crow

Jason Crow

Democratic Representative

Colorado

Cosponsors (41)
Dwight Evans (Democratic)Kim Schrier (Democratic)Marc A. Veasey (Democratic)Julie Johnson (Democratic)Joyce Beatty (Democratic)Ed Case (Democratic)Chrissy Houlahan (Democratic)Bill Foster (Democratic)Greg Landsman (Democratic)Young Kim (Republican)Jimmy Panetta (Democratic)Scott H. Peters (Democratic)Andrea Salinas (Democratic)Angie Craig (Democratic)Donald G. Davis (Democratic)Thomas R. Suozzi (Democratic)Andrew R. Garbarino (Republican)Frank J. Mrvan (Democratic)Ted Lieu (Democratic)George Latimer (Democratic)Don Bacon (Republican)André Carson (Democratic)Jill N. Tokuda (Democratic)Joseph D. Morelle (Democratic)Hillary J. Scholten (Democratic)Brittany Pettersen (Democratic)Kathy Castor (Democratic)Eleanor Holmes Norton (Democratic)Sharice Davids (Democratic)Josh Riley (Democratic)Sean Casten (Democratic)Eric Sorensen (Democratic)Adam Smith (Democratic)Sarah McBride (Democratic)Brian K. Fitzpatrick (Republican)Jay Obernolte (Republican)Deborah K. Ross (Democratic)Seth Moulton (Democratic)Josh Gottheimer (Democratic)Kevin Mullin (Democratic)Bradley Scott Schneider (Democratic)

Small Business Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, titled the Small Business Energy Loan Enhancement Act , proposes a significant amendment to the Small Business Investment Act of 1958. Its core objective is to substantially increase the maximum loan amount available for particular small business loans, specifically those outlined in clauses (iv) and (v) of section 502(2)(A). The legislation elevates the maximum loan ceiling from $5,500,000 to $10,000,000 for these designated loan types. To ensure accountability and transparency, the bill also mandates that the Administrator of the Small Business Administration provide annual reports to Congress. These reports will detail the industries and geographic regions that have benefited from loans under the newly expanded limits, allowing for ongoing oversight of the program's reach and effectiveness.
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Timeline

Bill from Previous Congress

HR 117-6921
Small Business Energy Loan Enhancement Act

Bill from Previous Congress

HR 118-1491
Small Business Energy Loan Enhancement Act
Apr 10, 2025
Introduced in House
Apr 10, 2025
Referred to the House Committee on Small Business.
  • Bill from Previous Congress

    HR 117-6921
    Small Business Energy Loan Enhancement Act


  • Bill from Previous Congress

    HR 118-1491
    Small Business Energy Loan Enhancement Act


  • April 10, 2025
    Introduced in House


  • April 10, 2025
    Referred to the House Committee on Small Business.

Commerce

Small Business Energy Loan Enhancement Act

USA119th CongressHR-2831| House 
| Updated: 4/10/2025
This bill, titled the Small Business Energy Loan Enhancement Act , proposes a significant amendment to the Small Business Investment Act of 1958. Its core objective is to substantially increase the maximum loan amount available for particular small business loans, specifically those outlined in clauses (iv) and (v) of section 502(2)(A). The legislation elevates the maximum loan ceiling from $5,500,000 to $10,000,000 for these designated loan types. To ensure accountability and transparency, the bill also mandates that the Administrator of the Small Business Administration provide annual reports to Congress. These reports will detail the industries and geographic regions that have benefited from loans under the newly expanded limits, allowing for ongoing oversight of the program's reach and effectiveness.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-6921
Small Business Energy Loan Enhancement Act

Bill from Previous Congress

HR 118-1491
Small Business Energy Loan Enhancement Act
Apr 10, 2025
Introduced in House
Apr 10, 2025
Referred to the House Committee on Small Business.
  • Bill from Previous Congress

    HR 117-6921
    Small Business Energy Loan Enhancement Act


  • Bill from Previous Congress

    HR 118-1491
    Small Business Energy Loan Enhancement Act


  • April 10, 2025
    Introduced in House


  • April 10, 2025
    Referred to the House Committee on Small Business.
Jason Crow

Jason Crow

Democratic Representative

Colorado

Cosponsors (41)
Dwight Evans (Democratic)Kim Schrier (Democratic)Marc A. Veasey (Democratic)Julie Johnson (Democratic)Joyce Beatty (Democratic)Ed Case (Democratic)Chrissy Houlahan (Democratic)Bill Foster (Democratic)Greg Landsman (Democratic)Young Kim (Republican)Jimmy Panetta (Democratic)Scott H. Peters (Democratic)Andrea Salinas (Democratic)Angie Craig (Democratic)Donald G. Davis (Democratic)Thomas R. Suozzi (Democratic)Andrew R. Garbarino (Republican)Frank J. Mrvan (Democratic)Ted Lieu (Democratic)George Latimer (Democratic)Don Bacon (Republican)André Carson (Democratic)Jill N. Tokuda (Democratic)Joseph D. Morelle (Democratic)Hillary J. Scholten (Democratic)Brittany Pettersen (Democratic)Kathy Castor (Democratic)Eleanor Holmes Norton (Democratic)Sharice Davids (Democratic)Josh Riley (Democratic)Sean Casten (Democratic)Eric Sorensen (Democratic)Adam Smith (Democratic)Sarah McBride (Democratic)Brian K. Fitzpatrick (Republican)Jay Obernolte (Republican)Deborah K. Ross (Democratic)Seth Moulton (Democratic)Josh Gottheimer (Democratic)Kevin Mullin (Democratic)Bradley Scott Schneider (Democratic)

Small Business Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted