HR 13001 · 94th Congress · Commerce

A bill to amend the Small Business Act to establish a direct, low interest loan program to assist small business concerns in the development of solar heating and cooling equipment for residential structures.

Introduced 1976-04-02· Sponsored by Rep. Ottinger, Richard L. [D-NY-24]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Small Business.(1976-04-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Small Business Act to establish a direct, low-interest loan program to assist small business concerns in the development of solar heating and cooling equipment for residential structures. Provides that no loan may exceed $250,000. Prescribes an interest rate of five percent, and sets the maximum term at 20 years, for such loans.…

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

Cosponsors (2)

2 Republicans