119-hr2831

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2831 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2831

 To amend the Small Business Investment Act of 1958 to increase the 
 maximum loan amount for certain loans.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 10, 2025

 Mr. Crow (for himself, Mr. Bacon, Mrs. Beatty, Mr. Carson, Mr. Case, 
Mr. Casten, Ms. Castor of Florida, Ms. Craig, Ms. Davids of Kansas, Mr. 
 Fitzpatrick, Mr. Foster, Mr. Garbarino, Ms. Houlahan, Mrs. Kim, Mr. 
Landsman, Mr. Lieu, Mr. Mullin, Ms. Norton, Mr. Obernolte, Mr. Panetta, 
 Mr. Peters, Ms. Pettersen, Mr. Schneider, Ms. Scholten, Ms. Schrier, 
 Mr. Suozzi, Ms. Tokuda, Mr. Veasey, and Ms. Johnson of Texas) 
 introduced the following bill; which was referred to the Committee on 
 Small Business

_______________________________________________________________________

 A BILL

 To amend the Small Business Investment Act of 1958 to increase the 
 maximum loan amount for certain loans.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Small Business Energy Loan 
Enhancement Act''.

SEC. 2. INCREASE IN CERTAIN MAXIMUM LOAN AMOUNTS.

    (a) In General.--

Section 502

    (2)
        (A) of the Small Business Investment 
Act of 1958 (15 U.S.C. 696

    (2)
        (A) ) is amended--

    (1) in clause
            (iv) , by striking ``$5,500,000'' and 
 inserting ``$10,000,000''; and

    (2) in clause
            (v) , by striking ``$5,500,000'' and inserting 
 ``$10,000,000''.

    (b) Report.--Not later than 1 year after the date of enactment of 
this Act, and annually thereafter, the Administrator of the Small 
Business Administration shall submit to Congress a report that details, 
for the year covered by the report, the industries and geographic areas 
with respect to which the Administrator has made loans under clauses
            (iv) and
            (v) of 

section 502

    (2)
        (A) of the Small Business Investment Act 
of 1958 (15 U.S.C. 696

    (2)
        (A) ), as amended by subsection

    (a) .
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