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.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Small Business.(1976-04-02)
Plain Language Summary
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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