Loading chat...
US HB2831
Bill
Status
Introduced
4/10/2025
Primary Sponsor
Jason Crow
Click for details
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