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Increased Loan Limits for Small Business Energy Projects

This act raises the maximum loan amount available to small businesses for energy-related projects. This means more businesses can access larger financial support for energy upgrades, potentially lowering their operating costs and contributing to environmental protection. The government will also track which industries and regions benefit from these loans.
Key points
The maximum loan amount for small businesses for energy purposes increases from $5.5 million to $10 million.
This change makes it easier for small businesses to access larger funding for energy efficiency and renewable energy projects.
The Small Business Administration Administrator will annually report to Congress on the industries and geographic areas receiving these loans.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2831
Sponsor: Rep. Crow, Jason [D-CO-6]
Process start date: 2025-04-10
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Small Business Energy Loan Enhancement Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2831.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-04-10.

What are the main provisions?

Key points include:

  • The maximum loan amount for small businesses for energy purposes increases from $5.5 million to $10 million.
  • This change makes it easier for small businesses to access larger funding for energy efficiency and renewable energy projects.
  • The Small Business Administration Administrator will annually report to Congress on the industries and geographic areas receiving these loans.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Crow, Jason [D-CO-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Economy Environment Public Investments