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H.R. 4178 · 109th Congress

To amend the Small Business Act to establish an energy emergency disaster loan program.

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 D

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to make or guarantee a loan to a small business that has suffered, or is likely to suffer, substantial economic injury as a result of a significant increase in the price of heating oil, natural gas, gasoline, transportation fuel, propane, or kerosene.

What it does: CRS summary · Introduced in House · Oct 28, 2005

Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to make or guarantee a loan to a small business that has suffered, or is likely to suffer, substantial economic injury as a result of a significant increase in the price of heating oil, natural gas, gasoline, transportation fuel, propane, or kerosene. Prohibits such a loan or guarantee if the total amount outstanding and committed to the borrower would exceed $1.5 million (with an exception).

Prohibits any such assistance unless there has been a declaration of a disaster in the area or the governor of the state involved has certified that small businesses have suffered economic injury as a result of the price increases.

Allows a small business to use assistance funds to convert to a renewable or alternative energy source.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To amend the Small Business Act to establish an energy emergency disaster loan program.

Latest action (Oct 28, 2005): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Oct 28, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.