Issue · Energy

Energy (Solar · Small Business)

Every energy bill, vote, and legislator stance in United States, automatically classified by Maddy, our AI policy reader.

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in committee · United States · House Apr 10, 2025

HR 2897: To amend the Small Business Act to make disaster loans available for damages caused by prolonged power outages, and for other purposes.

HR 2897 expands eligibility for Small Business Administration disaster loans to cover damages from prolonged power outages. It defines a "prolonged power outage" as affecting at least 25 homes or businesses in a county (with 40% property damage) or requiring 48+ hours of power loss. Borrowers can use loan funds to purchase energy resilience systems (like solar panels or generators) or replace lost food/drinks due to the outage. This directly affects small businesses in areas impacted by extended power disruptions meeting the specified criteria.
Sub-Topics Energy Resilience Solar Tags Small Business