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US HB2831

Bill

Status

Introduced

4/10/2025

Primary Sponsor

Jason Crow

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Origin

House of Representatives

119th Congress

AI Summary

  • Increases the maximum loan amount under Section 502(2)(A) of the Small Business Investment Act of 1958 from $5,500,000 to $10,000,000 for energy-related small business loans (clauses iv and v)

  • Requires the SBA Administrator to submit annual reports to Congress beginning one year after enactment

  • Annual reports must detail the industries and geographic areas where the Administrator has made loans under the increased limits

  • Introduced April 10, 2025 with bipartisan support from 29 cosponsors and referred to the House Committee on Small Business

Legislative Description

Small Business Energy Loan Enhancement Act

Commerce

Last Action

Referred to the House Committee on Small Business.

4/10/2025

Committee Referrals

Small Business4/10/2025

Full Bill Text

No bill text available