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.
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).
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504 Green Energy Enhancement Act
A bill to amend the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans.
504 Green Energy Enhancement Act
Sen. Hickenlooper, John W.