Small Business Clean Energy Financing Act of 2013

Bill: 113-hr-1138
Sponsor: full_name: Rep. Matsui, Doris O. [D-CA-6]
Introduced: 2013-03-13
Policy area: Commerce
Subjects: Air quality

Climate change and greenhouse gases

Energy efficiency and conservation

Energy storage, supplies, demand

Environmental technology

Government lending and loan guarantees

Manufacturing

Small business
Latest action: action_date: 2013-03-13
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2013-03-13
action_desc: Introduced in House
text: <p>Small Business Clean Energy Financing Act of 2013 - Directs the Administrator of the Small Business Administration (SBA) to establish a program to guarantee loans of small businesses that manufacture a clean energy technology in the United States.</p> <p>Requires the Administrator, to the extent practicable, to carry out the program in a manner similar to the SBA 7(a) general business loan program.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 1138 IN THE HOUSE OF REPRESENTATIVES March 13, 2013 Ms. Matsui (for herself, Ms. Schakowsky , Mrs. Christensen , Ms. Lee of California , Mr. Honda , and Mr. George Miller of California ) introduced the following bill; which was referred to the Committee on Small Business A BILL 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.

1. Short title This Act may be cited as the Small Business Clean Energy Financing Act of 2013 . 2. Clean energy technology loan guarantee program (a) Establishment 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. (b) Administration 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) ). (c) Definitions In this section, the following definitions apply: (1) 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— (A) 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 (B) 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. (2) 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)).