S 1758 · 117th Congress · Commerce

504 Green Energy Enhancement Act

Introduced 2021-05-20· Sponsored by Sen. Hickenlooper, John W. [D-CO]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.(2021-05-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only