LARGER 504 LOAN LIMITS TO HELP BUSINESS DEVELOP ENERGY EFFICIENT TECHNOLOGIES AND PURCHASES.

SEC. 1204. LARGER 504 LOAN LIMITS TO HELP BUSINESS DEVELOP ENERGY EFFICIENT TECHNOLOGIES AND PURCHASES.(a) Eligibility for Energy Efficiency Projects.—Section 501(d)(3) of the Small Business Investment Act of 1958 (15 U.S.C. 695(d)(3)) is amended—(1) in subparagraph (G) by striking “or” at the end;(2) in subparagraph (H) by striking the period at the end and inserting a comma;(3) by inserting after subparagraph (H) the following:“(I) reduction of energy consumption by at least 10 percent,“(J) increased use of sustainable design, including designs that reduce the use of greenhouse gas emitting fossil fuels, or low-impact design to produce buildings that reduce the use of non-renewable resources and minimize environmental impact, or“(K) plant, equipment and process upgrades of renewable energy sources such as the small-scale production of energy for individual buildings or communities consumption, commonly known as micropower, or renewable fuels producers including biodiesel and ethanol producers.”; and(4) by adding at the end the following: “In subparagraphs (J) and (K), terms have the meanings given those terms under the Leadership in Energy and Environmental Design (LEED) standard for green building certification, as determined by the Administrator.”.(b) Loans for Plant Projects Used for Energy-Efficient Purposes.—Section 502(2)(A) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)) is amended—(1) in clause (ii) by striking “and” at the end;121 STAT. 1773(2) in clause (iii) by striking the period at the end and inserting a semicolon; and(3) by adding at the end the following:“(iv) $4,000,000 for each project that reduces the borrower’s energy consumption by at least 10 percent; and“(v) $4,000,000 for each project that generates renewable energy or renewable fuels, such as biodiesel or ethanol production.”.