Small Business Energy Conservation Act of 1980

Summary

Small Business Energy Conservation Act of 1980 - Amends the Small Business Investment Act of 1958 to make "energy facilities" eligible for Small Business Administration (SBA) contract guarantees. Includes within such definition: (1) solar equipment; (2) photovoltaic cells and related equipment; (3) equipment designed to increase the energy efficiency of existing fossil fuel systems; (4) industrial cogeneration equipment; (5) hydroelectric equipment; (6) wind or tidal conversion equipment; or (6) equipment for producing energy or fuel from wood, biological waste, grain, or other biomass sources. Makes such contract guarantees, when properly issued, valid and incontestable in the hands of the holder. Provides that SBA guarantee fees shall not exceed one and a half percent of the total of all guaranteed payments (presently may not exceed three and a half percent per year of the minimum annual guaranteed rental). Replaces existing "rental guarantee" language in escrow and default provisions with language referring to "guaranteed payments."

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Timeline

1. 1 May 1980

   Introduced

   Referred to Senate Select Committee on Small Business.

   Source: IntroReferral

2. 1 May 1980

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 15 May 1980

   Reported

   Reported to Senate from the Select Committee on Small Business with amendment, S. Rept. 96-725.

   Source: Committee

4. 15 May 1980

   Reported

   Reported to Senate from the Select Committee on Small Business with amendment, S. Rept. 96-725.

   Source: Committee

5. 22 May 1980

   Floor

   Call of calendar in Senate.

   Source: Floor

6. 22 May 1980

   Passed

   Passed/agreed to in Senate: Measure passed Senate, amended.

   Source: Floor

7. 28 May 1980

   Introduced

   Referred to House Committee on Small Business.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

3 official files

• Passed Senate amended

  summary · EN · 22 May 1980

  Open at official source

• Reported to Senate with amendment(s)

  summary · EN · 15 May 1980

  Open at official source

• Introduced in Senate

  summary · EN · 1 May 1980

  Open at official source

Sponsors

• Sen. Nelson, Gaylord [D-WI] · D · Sponsor
• Sen. Weicker, Lowell P., Jr. [R-CT] · R · Cosponsor
• Sen. Huddleston, Walter (Dee) [D-KY] · D · Cosponsor
• Rep. Baucus, Max [D-MT-1] · D · Cosponsor
• Sen. Culver, John C. [D-IA] · D · Cosponsor
• Sen. Stewart, Donald [D-AL] · D · Cosponsor
• · hssm00 · Standing
• · sssb00 · Standing

Related records

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