A bill to amend the Small Business Act to establish within the Small Business Administration a new direct low-interest loan program to assist homeowners and builders in purchasing and installing solar energy equipment.

Summary

Amends the Small Business Act to authorize the Small Business Administration to make loans to individuals, families, and builders to assist them in purchasing and installing qualified solar energy equipment. Enumerates the conditions of such loans, prohibiting loan application approval unless the proposed equipment is being purchased from a small business concern and, unless being installed by the applicant, is being installed by a small business concern. Provides an exception where no small business solar energy equipment marketing or installation concern operates within 300 miles of the structure involved. Requires the Energy Research and Development Administration, in carrying out the Solar Heating and Cooling Demonstration Act of 1974, to establish inspection procedures, review new components, and review outstanding certifications for solar energy equipment. Establishes a solar energy loan fund to finance loans made under this Act.

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Timeline

1. 4 January 1977

   Introduced

   Referred to House Committee on Small Business.

   Source: IntroReferral

2. 4 January 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 4 January 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 4 January 1977

  Open at official source

Sponsors

• Rep. Lehman, William [D-FL-17] · D · Sponsor
• · hsba00 · Standing
• · hssm00 · Standing

Related records

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