[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 1758 Introduced in Senate (IS)]

<DOC>






117th CONGRESS
  1st Session
                                S. 1758

  To amend the Small Business Investment Act of 1958 to increase the 
                 maximum loan amount for certain loans.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 20, 2021

 Mr. Hickenlooper introduced the following bill; which was read twice 
  and referred to the Committee on Small Business and Entrepreneurship

_______________________________________________________________________

                                 A BILL


 
  To amend the Small Business Investment Act of 1958 to increase the 
                 maximum loan amount for certain loans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``504 Green Energy Enhancement Act''.

SEC. 2. INCREASE IN CERTAIN MAXIMUM LOAN AMOUNTS.

    (a) In General.--Section 502(2)(A) of the Small Business Investment 
Act of 1958 (15 U.S.C. 696(2)(A)) is amended--
            (1) in clause (iv), by striking ``$5,500,000'' and 
        inserting ``$20,000,000''; and
            (2) in clause (v), by striking ``$5,500,000'' and inserting 
        ``$20,000,000''.
    (b) Report.--Not later than 1 year after the date of enactment of 
this Act, and annually thereafter, the Administrator of the Small 
Business Administration shall submit to Congress a report that details, 
for the year covered by the report, the industries and geographic areas 
with respect to which the Administrator has made loans under clauses 
(iv) and (v) of section 502(2)(A) of the Small Business Investment Act 
of 1958 (15 U.S.C. 696(2)(A)), as amended by subsection (a).
                                 <all>