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SENATE 1758117th CongressRead twice and referred to the Committee on Small Business and Entrepreneurship.

504 Green Energy Enhancement Act

Last Action
5/20/2021

Actions

  • 2021-05-20Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • 2021-05-20Introduced in Senate

CRS Summary

As of 2021-05-20 (00)

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.

Subjects

  • Air quality
  • Alternative and renewable resources
  • Climate change and greenhouse gases
  • Congressional oversight
  • Energy efficiency and conservation
  • Government lending and loan guarantees
  • Industrial facilities
  • Manufacturing
  • Small business
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