HR 5408 · 108th Congress 2003–2005, ended

Small Business and Farm Energy Emergency Relief Act of 2004

Fact sheet

Latest action · Dec 2, 2004 Referred to the Subcommittee on Conservation, Credit, Rural Development and Research.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedNov 19, 2004
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Small Business and Farm Energy Emergency Relief Act of 2004 - Amends the Small Business Act to authorize the Small Business Administration (SBA) to make disaster loans to assist small businesses that have suffered or are likely to suffer substantial economic injury as the result of a sharp and significant increase in the price of heating fuel or electricity. Prohibits any such loan from being made if the total amount outstanding and committed to the borrower would exceed $1.5 million, unless the applicant is a major source of employment in its surrounding area. Requires, for such assistance: (1) a declaration by the President or the SBA Administrator that an area is affected by a sharp and significant increase in such price; or (2) a certification from the governor of the State that its small businesses have suffered such economic injury and are in need of assistance which is not otherwise available.

Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to farm operations that qualify as a small business and have or are likely to suffer substantial economic injury from a sharp and significant increase in energy costs or input costs from energy sources occurring on or after November 1, 2004, in connection with an energy emergency declared by the President or the Secretary.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Actions 4

Everything that happened, newest first.

  1. Dec 2, 2004Referred to the Subcommittee on Conservation, Credit, Rural Development and Research.
  2. Nov 19, 2004Introduced in House
  3. Nov 19, 2004Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  4. Nov 19, 2004Sponsor introductory remarks on measure. (CR 11/20/2004 E2111-2112)

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 1

Each version as it was printed, newest first.

  1. Nov 19, 2004Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.