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S. 269 · 109th Congress

Small Business and Farm Energy Emergency Relief Act of 2005

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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.

Small Business and Farm Energy Emergency Relief Act of 2005 - Amends the Small Business Act to authorize the Small Business Administration to make disaster loans to assist small businesses that have suffered or are likely to suffer substantial economic injury as the result of a significant increase in the price of heating fuel.

What it does: CRS summary · Introduced in Senate · Feb 2, 2005

Small Business and Farm Energy Emergency Relief Act of 2005 - Amends the Small Business Act to authorize the Small Business Administration to make disaster loans to assist small businesses that have suffered or are likely to suffer substantial economic injury as the result of a significant increase in the price of heating fuel. Prohibits such loan from being made if the total amount outstanding and committed to the borrower would exceed $1.5 million, unless the borrower is a major source of employment in its surrounding area.

Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to farm operations that qualify as a small business and that have or are likely to suffer substantial economic injury on or after October 1, 2004, as the result of a significant increase in energy costs in connection with an energy emergency declared by the President or the Secretary.

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

About this bill and sources

Official title: Small Business and Farm Energy Emergency Relief Act of 2005

Latest action (Feb 2, 2005): Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S903-904)

Policy area: Commerce · Origin: Senate · Introduced: Feb 2, 2005

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

No recorded floor vote found.