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S. 1758

BillFederalSenateIn Committee
504 Green Energy Enhancement Act
About This Bill
Committee
Latest Action · May 20, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Congress
117th (2021–2023)
Introduced
May 20, 2021
Cosponsors (0)
None
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Summary

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504 Green Energy Enhancement Act This bill increases from $5.5 million to $20 million the maximum amount of certain Small Business Administration loans for plant acquisition, construction, conversion, and expansion. Projects eligible for these increased loan amounts must (1) reduce the borrower's energy consumption by at least 10%; or (2) generate renewable energy or renewable fuels, such as biodiesel or ethanol production.

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