H. R. 6212
IN THE HOUSE OF REPRESENTATIVES
September 23, 2010
Ms. Matsui (for herself, Mr. Inslee, Mrs. Capps, Mr. Blumenauer, Mr. Kissell, Mr. Rush, Mr. Michaud, Mr. Connolly of Virginia, Mrs. Dahlkemper, Ms. Bean, Mr. Foster, Ms. Linda T. Sánchez of California, Mr. Hinchey, Mr. Clay, Mr. George Miller of California, Mr. Tonko, and Ms. Pingree of Maine) introduced the following bill; which was referred to the Committee on Small Business
To direct the Administrator of the Small Business Administration to establish a loan guarantee program to assist small business concerns that manufacture clean energy technologies in the United States, and for other purposes.
This Act may be cited as the
Small Business Clean Energy Financing Act of
Clean energy technology loan guarantee program
The Administrator of the Small Business Administration shall establish a program under which the Administrator is authorized to guarantee the loans of small business concerns that manufacture a clean energy technology in the United States.
Except as otherwise specified in this section and to the extent practicable, the Administrator shall carry out the program under subsection (a) in a manner similar to the loan program under section 7(a) of the Small Business Act (15 U.S.C. 636(a)).
In this section, the following definitions apply:
Clean energy technology
The term clean energy technology means a technology related to the production, use, transmission, storage, control, or conservation of energy that will contribute to a stabilization of atmospheric greenhouse gas concentrations through reduction, avoidance, or sequestration of energy-related emissions and—
reduce the need for additional energy supplies by using existing energy supplies with greater efficiency or by transmitting, distributing, or transporting energy with greater effectiveness through the infrastructure of the United States; or
diversify the sources of the energy supply of the United States to strengthen energy security and to increase supplies with a favorable balance of environmental effects if the entire technology system is considered.
Small business concern
The term small business concern has the meaning given that term under section 3(a) of the Small Business Act (15 U.S.C. 632(a)).