A bill to amend the Small Business Act to establish within the Small Business Administration a new direct low-interest loan program to assist homeowners and builders in purchasing and installing solar heating (or combined solar heating and cooling) equipment.

[AI summary unavailable — showing source text] States that the purpose of this Act is to provide a source of financial assistance for homeowners and builders to enable them to purchase and install solar heating equipment or combined solar heating and cooling equipment, primarily through the small business segment of the economy, while substantially reducing energy use. Authorizes the Small Business Administration, under the Small Business Act, to make loans to individuals and families owning and occupying one-to-four family residential structures to assist them in purchasing and installing qualified solar heating and cooling equipment. States that such loans may be made in an amount covering up to 75 percent of the cost of purchasing and installing the necessary equipment, and not exceeding amounts specified in this Act. Sets forth the terms and conditions governing the loans. Defines "qualified solar heating equipment" as meaning equipment which utilizes solar energy to provide heating for a residential structure and which is certified by the Administration as meeting minimum specified standards, including a requirement that the equipment must be designed to meet more than 40 percent of the total heating needs of the types of …