S. 269Senate109th Congress (2005-2007)In Committee

Small Business and Farm Energy Emergency Relief Act of 2005

Introduced February 2, 2005

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S903-904)

February 2, 2005

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SenateIntro Referral

Introduced in Senate

February 2, 2005

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S902-903)

February 2, 2005

SenateIntro Referral

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S903-904)

February 2, 2005

Floor Debate

21 members

What members said about S. 269 on the floor

5 Republicans16 Democrats
Byron L. Dorgan
Sen. Byron L. DorganD-ND · Sep 14, 2005

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, is it in order at this point for me to engage in a short discussion of an amendment that I have…

Barbara A. Mikulski
Sen. Barbara A. MikulskiD-MD · Sep 14, 2005

Mr. President, I yield time to the Senator from Michigan to speak on her amendment. I believe her amendment on interoperability is the pending amendment. I yield her such time as she may require. I…

Kent Conrad
Sen. Kent ConradD-ND · Sep 14, 2005

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, we know the country has been hit by the catastrophe of Katrina. We know hundreds of lives have…

Tom Harkin
Sen. Tom HarkinD-IA · Sep 14, 2005

Mr. President, the continuing scenes of the suffering and devastation in New Orleans and across the Gulf Coast weigh heavily on our hearts and minds. It is clear that as a nation we have a monumental…

Ken Salazar
Sen. Ken SalazarD-CO · Sep 14, 2005

Mr. President, I ask unanimous consent to address the Senate as in morning business. Mr. President, at the outset, let me praise my colleague from North Dakota for his wisdom and his leadership in…

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John McCain
Sen. John McCainR-AZ · Sep 14, 2005

Mr. President, I ask unanimous consent that the pending amendment be set aside. Mr. President, I send an amendment to the desk. Mr. President, I ask unanimous consent to return to the pending…

Daniel K. Akaka
Sen. Daniel K. AkakaD-HI · Feb 2, 2005

Mr. President, I rise today to introduce the Paleontological Resources Preservation Act to protect and preserve the Nation's important fossil record for the benefit of our citizens. I am pleased to…

John F. Kerry
Sen. John F. KerryD-MA · Sep 14, 2005

Mr. President, I ask unanimous consent that the pending amendment be set aside and that we call up amendment No. 1695. Mr. President, I ask unanimous consent that the reading of the amendment be…

Jeff Bingaman
Sen. Jeff BingamanD-NM · Sep 14, 2005

Mr. President, I am pleased to join my colleagues from Massachusetts and Louisiana, Senators Kerry and Landrieu, in support of this amendment to provide assistance to businesses and farmers who are…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Sep 14, 2005

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I understand we are currently considering the Kerry-Landrieu amendment to the CJS appropriations…

Debbie Stabenow
Sen. Debbie StabenowD-MI · Sep 14, 2005

Mr. President, I thank my esteemed colleagues for their leadership on this legislation. We will have an opportunity in a few moments to make sure that we are solving the problem that everyone says is…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Sep 14, 2005

I announce that the Senator from New Jersey (Mr. Corzine) is necessarily absent. I announce that the senator from New Jersey (Mr. Corzine) is necessarily absent. Mr. President, I ask unanimous…

Richard G. Lugar
Sen. Richard G. LugarR-IN · Feb 2, 2005

Mr. President, I rise to introduce the Sanctions Policy Reform Act. The fundamental purpose of my bill is to promote good governance through thoughtful deliberation on those proposals involving…

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John McCain
Sen. John McCainR-AZ · Feb 2, 2005

Mr. President, I am pleased to be joined by my good friends and colleagues Senators Feingold from Wisconsin, and Lott from Mississippi, and our good friends who lead the campaign finance reform fight…

Jim Talent
Sen. Jim TalentR-MO · Sep 14, 2005

Mr. President, I rise to congratulate the Senate on having just agreed to the Unsolved Civil Rights Crime Act in the form of an amendment, the Talent-Dodd amendment. I will speak a few minutes about…

Richard C. Shelby
Sen. Richard C. ShelbyR-AL · Sep 14, 2005

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. On the previous vote, I move to reconsider. Mr. President, I suggest the absence of a quorum. Mr. President, I…

Christopher J. Dodd
Sen. Christopher J. DoddD-CT · Jun 29, 2005

Mr. President, yesterday I was necessarily absent from the Senate during final passage of H.R. 6, the Energy bill. I was attending the funeral of Mrs. Marcia Lieberman, the mother of my good friend…

Ron Wyden
Sen. Ron WydenD-OR · Feb 2, 2005

Mr. President, I rise today to join my very dear friend and colleague, Senator Craig of Idaho, as his principal cosponsor on legislation to reauthorize a law that has spawned a revolution in forest…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Feb 2, 2005

Mr. President, I rise today to introduce the Angel Island Immigration Station Restoration and Preservation Act, with Senator Boxer as an original cosponsor. This legislation authorizes the use of up…

Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Sep 14, 2005

Mr. President, I am pleased that the Senate has agreed by unanimous consent to include in the Commerce-Justice-Science appropriations Act, H.R. 2862, an amendment proposed by myself, Senator Shelby…

John F. Kerry
Sen. John F. KerryD-MA · Feb 2, 2005

Mr. President, tonight the President will deliver his fifth State of the Union address. It is expected that he will, in that address, talk about his plan to expand the ownership of businesses, as he…

John F. Kerry
Sen. John F. KerryD-MA · Feb 2, 2005

Mr. President, tonight the President will deliver his fifth State of the Union address. It is expected that he will, in that address, talk about his plan to expand the ownership of businesses, as he…

Larry E. Craig
Sen. Larry E. CraigR-ID · Feb 2, 2005

Mr. President, I rise today to join my colleagues and friends, Senator Wyden of Oregon and Senator Feinstein of California, to reauthorize a law that has stabilized payments to rural forest counties…

Max Baucus
Sen. Max BaucusD-MT · Jun 29, 2005

President, I wish to explain my climate change votes. This is an important debate, and I appreciate the efforts of my colleagues to contribute substantively to our understanding of the issue and to…

Bill Text

Latest available legislative text

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Introduced in SenateIssued February 2, 2005

II

109th CONGRESS

1st Session

S. 269

IN THE SENATE OF THE UNITED STATES

February 2, 2005

Mr. Kerry (for himself, Mr. Reed, Mr. Dodd, Mr. Bingaman, Mr. Kohl, Mr. Jeffords, Ms. Cantwell, Mr. Johnson, Mr. Pryor, Mr. Leahy, Mr. Levin, Mr. Schumer, Mr. Lieberman, Mrs. Clinton, Mr. Harkin, Mr. Kennedy, Mr. Bayh, and Mr. Obama) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

A BILL

To provide emergency relief to small business concerns affected by a significant increase in the price of heating oil, natural gas, propane, or kerosene, and for other purposes.

1.

Short title

This Act may be cited as the Small Business and Farm Energy Emergency Relief Act of 2005.

2.

Findings

Congress finds that—

(1)

a significant number of small businesses in the United States, non-farm as well as agricultural producers, use heating oil, natural gas, propane, or kerosene to heat their facilities and for other purposes;

(2)

a significant number of small business concerns in the United States sell, distribute, market, or otherwise engage in commerce directly related to heating oil, natural gas, propane, and kerosene; and

(3)

significant increases in the price of heating oil, natural gas, propane, or kerosene—

(A)

disproportionately harm small businesses dependent on those fuels or that use, sell, or distribute those fuels in the ordinary course of their business, and can cause them substantial economic injury;

(B)

can negatively affect the national economy and regional economies;

(C)

have occurred in the winters of 1983–1984, 1988–1989, 1996–1997, 1999–2000, 2000–2001, and 2004–2005; and

(D)

can be caused by a host of factors, including international conflicts, global or regional supply difficulties, weather conditions, insufficient inventories, refinery capacity, transportation, and competitive structures in the markets, causes that are often unforeseeable to, and beyond the control of, those who own and operate small businesses.

3.

Small business energy emergency disaster loan program

(a)

In general

Section 7(b) of the Small Business Act (15 U.S.C. 636(b)) is amended by inserting after paragraph (3) the following:

(4)
(A)

In this paragraph—

(i)

the term base price index means the moving average of the closing unit price on the New York Mercantile Exchange for heating oil, natural gas, or propane for the 10 days, in each of the most recent 2 preceding years, which correspond to the trading days described in clause (ii);

(ii)

the term current price index means the moving average of the closing unit price on the New York Mercantile Exchange, for the 10 most recent trading days, for contracts to purchase heating oil, natural gas, or propane during the subsequent calendar month, commonly known as the front month;

(iii)

the term heating fuel means heating oil, natural gas, propane, or kerosene; and

(iv)

the term significant increase means—

(I)

with respect to the price of heating oil, natural gas, or propane, any time the current price index exceeds the base price index by not less than 40 percent; and

(II)

with respect to the price of kerosene, any increase which the Administrator, in consultation with the Secretary of Energy, determines to be significant.

(B)

The Administration may make such loans, either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis, to assist a small business concern that has suffered or that is likely to suffer substantial economic injury as the result of a significant increase in the price of heating fuel.

(C)

Any loan or guarantee extended pursuant to this paragraph shall be made at the same interest rate as economic injury loans under paragraph (2).

(D)

No loan may be made under this paragraph, either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis, if the total amount outstanding and committed to the borrower under this subsection would exceed $1,500,000, unless such borrower constitutes a major source of employment in its surrounding area, as determined by the Administration, in which case the Administration, in its discretion, may waive the $1,500,000 limitation.

(E)

For purposes of assistance under this paragraph—

(i)

a declaration of a disaster area based on conditions specified in this paragraph shall be required, and shall be made by the President or the Administrator; or

(ii)

if no declaration has been made pursuant to clause (i), the Governor of a State in which a significant increase in the price of heating fuel has occurred may certify to the Administration that small business concerns have suffered economic injury as a result of such increase and are in need of financial assistance which is not otherwise available on reasonable terms in that State, and upon receipt of such certification, the Administration may make such loans as would have been available under this paragraph if a disaster declaration had been issued.

(F)

Notwithstanding any other provision of law, loans made under this paragraph may be used by a small business concern described in subparagraph (B) to convert from the use of heating fuel to a renewable or alternative energy source, including agriculture and urban waste, geothermal energy, cogeneration, solar energy, wind energy, or fuel cells.

.

(b)

Conforming amendments relating to heating fuel

Section 3(k) of the Small Business Act (15 U.S.C. 632(k)) is amended—

(1)

by inserting , significant increase in the price of heating fuel after civil disorders; and

(2)

by inserting other before economic.

4.

Agricultural producer emergency loans

(a)

In general

Section 321(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1961(a)) is amended—

(1)

in the first sentence—

(A)

by striking operations have and inserting operations (i) have; and

(B)

by inserting before : Provided, the following: , or (ii)(I) are owned or operated by such an applicant that is also a small business concern (as defined in section 3 of the Small Business Act (15 U.S.C. 632)), and (II) have suffered or are likely to suffer substantial economic injury on or after October 1, 2004, as the result of a significant increase in energy costs or input costs from energy sources occurring on or after October 1, 2004, in connection with an energy emergency declared by the President or the Secretary;

(2)

in the third sentence, by inserting before the period at the end the following: or by an energy emergency declared by the President or the Secretary; and

(3)

in the fourth sentence—

(A)

by inserting or energy emergency after natural disaster each place that term appears; and

(B)

by inserting or declaration after emergency designation.

(b)

Funding

Funds available on the date of enactment of this Act for emergency loans under subtitle C of the Consolidated Farm and Rural Development Act (7 U.S.C. 1961 et seq.) shall be available to carry out the amendments made by subsection (a) to meet the needs resulting from natural disasters.

5.

Guidelines and rulemaking

(a)

Guidelines

Not later than 30 days after the date of enactment of this Act, the Administrator of the Small Business Administration and the Secretary of Agriculture shall each issue such guidelines as the Administrator or the Secretary, as applicable, determines to be necessary to carry out this Act and the amendments made by this Act.

(b)

Rulemaking

Not later than 30 days after the date of enactment of this Act, the Administrator of the Small Business Administration, after consultation with the Secretary of Energy, shall promulgate regulations specifying the method for determining a significant increase in the price of kerosene under section 7(b)(4)(A)(iv)(II) of the Small Business Act (15 U.S.C. 636(b)(4)(A)(iv)(II)).

6.

Reports

(a)

Small business administration

Not later than 12 months after the date on which the Administrator of the Small Business Administration issues guidelines under section 5, and annually thereafter, the Administrator shall submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives, a report on the effectiveness of the assistance made available under section 7(b)(4) of the Small Business Act, as added by this Act, including—

(1)

the number of small business concerns that applied for a loan under such section and the number of those that received such loans;

(2)

the dollar value of those loans;

(3)

the States in which the small business concerns that received such loans are located;

(4)

the type of heating fuel or energy that caused the significant increase in the cost for the participating small business concerns; and

(5)

recommendations for ways to improve the assistance provided under such section 7(b)(4), if any.

(b)

Department of agriculture

Not later than 12 months after the date on which the Secretary of Agriculture issues guidelines under section 5, and annually thereafter, the Secretary shall submit to the Committee on Small Business and Agriculture, Nutrition, and Forestry of the Senate and the Committee on Small Business and Agriculture of the House of Representatives, a report that—

(1)

describes the effectiveness of the assistance made available under section 7(b)(4) of the Small Business Act (15 U.S.C. 636(b)(4)); and

(2)

contains recommendations for ways to improve the assistance provided under such section 7(b)(4), if any.

7.

Effective date

(a)

Small business

The amendments made by this Act shall apply during the 4-year period beginning on the date on which guidelines are published by the Administrator of the Small Business Administration under section 5, with respect to assistance under section 7(b)(4) of the Small Business Act, as added by this Act, to economic injury suffered or likely to be suffered as the result of a significant increase in the price of heating fuel occurring on or after October 1, 2004; or

(b)

Agriculture

The amendments made by section 4 shall apply during the 4-year period beginning on the date on which guidelines are published by the Secretary of Agriculture under section 5.