1 | 1 | | I |
---|
2 | 2 | | 119THCONGRESS |
---|
3 | 3 | | 1 |
---|
4 | 4 | | STSESSION H. R. 2831 |
---|
5 | 5 | | To amend the Small Business Investment Act of 1958 to increase the |
---|
6 | 6 | | maximum loan amount for certain loans. |
---|
7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
---|
8 | 8 | | APRIL10, 2025 |
---|
9 | 9 | | Mr. C |
---|
10 | 10 | | ROW(for himself, Mr. BACON, Mrs. BEATTY, Mr. CARSON, Mr. CASE, |
---|
11 | 11 | | Mr. C |
---|
12 | 12 | | ASTEN, Ms. CASTORof Florida, Ms. CRAIG, Ms. DAVIDSof Kansas, |
---|
13 | 13 | | Mr. F |
---|
14 | 14 | | ITZPATRICK, Mr. FOSTER, Mr. GARBARINO, Ms. HOULAHAN, Mrs. |
---|
15 | 15 | | K |
---|
16 | 16 | | IM, Mr. LANDSMAN, Mr. LIEU, Mr. MULLIN, Ms. NORTON, Mr. |
---|
17 | 17 | | O |
---|
18 | 18 | | BERNOLTE, Mr. PANETTA, Mr. PETERS, Ms. PETTERSEN, Mr. SCHNEI- |
---|
19 | 19 | | DER, Ms. SCHOLTEN, Ms. SCHRIER, Mr. SUOZZI, Ms. TOKUDA, Mr. |
---|
20 | 20 | | V |
---|
21 | 21 | | EASEY, and Ms. JOHNSONof Texas) introduced the following bill; which |
---|
22 | 22 | | was referred to the Committee on Small Business A BILL |
---|
23 | 23 | | To amend the Small Business Investment Act of 1958 to |
---|
24 | 24 | | increase the maximum loan amount for certain loans. |
---|
25 | 25 | | Be it enacted by the Senate and House of Representa-1 |
---|
26 | 26 | | tives of the United States of America in Congress assembled, 2 |
---|
27 | 27 | | SECTION 1. SHORT TITLE. 3 |
---|
28 | 28 | | This Act may be cited as the ‘‘Small Business Energy 4 |
---|
29 | 29 | | Loan Enhancement Act’’. 5 |
---|
30 | 30 | | VerDate Sep 11 2014 07:53 Apr 23, 2025 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2831.IH H2831 |
---|
31 | 31 | | mprince on LAP1J3WLY3PROD with $$_JOB 2 |
---|
32 | 32 | | •HR 2831 IH |
---|
33 | 33 | | SEC. 2. INCREASE IN CERTAIN MAXIMUM LOAN AMOUNTS. 1 |
---|
34 | 34 | | (a) I |
---|
35 | 35 | | NGENERAL.—Section 502(2)(A) of the Small 2 |
---|
36 | 36 | | Business Investment Act of 1958 (15 U.S.C. 696(2)(A)) 3 |
---|
37 | 37 | | is amended— 4 |
---|
38 | 38 | | (1) in clause (iv), by striking ‘‘$5,500,000’’ and 5 |
---|
39 | 39 | | inserting ‘‘$10,000,000’’; and 6 |
---|
40 | 40 | | (2) in clause (v), by striking ‘‘$5,500,000’’ and 7 |
---|
41 | 41 | | inserting ‘‘$10,000,000’’. 8 |
---|
42 | 42 | | (b) R |
---|
43 | 43 | | EPORT.—Not later than 1 year after the date 9 |
---|
44 | 44 | | of enactment of this Act, and annually thereafter, the Ad-10 |
---|
45 | 45 | | ministrator of the Small Business Administration shall 11 |
---|
46 | 46 | | submit to Congress a report that details, for the year cov-12 |
---|
47 | 47 | | ered by the report, the industries and geographic areas 13 |
---|
48 | 48 | | with respect to which the Administrator has made loans 14 |
---|
49 | 49 | | under clauses (iv) and (v) of section 502(2)(A) of the 15 |
---|
50 | 50 | | Small Business Investment Act of 1958 (15 U.S.C. 16 |
---|
51 | 51 | | 696(2)(A)), as amended by subsection (a). 17 |
---|
52 | 52 | | Æ |
---|
53 | 53 | | VerDate Sep 11 2014 07:53 Apr 23, 2025 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2831.IH H2831 |
---|
54 | 54 | | mprince on LAP1J3WLY3PROD with $$_JOB |
---|