H.R. 6429 would establish a small business energy emergency disaster loan program.

== Detailed Summary ==

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(LogSmall Business Energy Emergency Relief Act of 2008 - Amends the Small Business Act to authorize the Small Business Administration to make disaster loans to assist small businesses that have suffered or are likely to suffer substantial economic injury as the result of a significant increase in the price of heating fuel occurring on or after October 1, 2007. Prohibits such loan from being made if the total amount outstanding and committed to edit the wikiborrower would exceed $1.5 million, unless the borrower is a major source of employment in its surrounding area.

Amends the Consolidated Farm and beRural Development Act to authorize the firstSecretary of Agriculture to providemake loans to farm operations that qualify as a detailed summarysmall business and that have or are likely to suffer substantial economic injury on or after October 1, 2007, as the result of a significant increase in energy costs in connection with an energy emergency declared by the President or the bill!)Secretary.
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== Status of the Legislation ==

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Latest Major Action: 7/8/2008:10/3/2008: Referred to House committee.subcommittee. Status: Referred to the CommitteeSubcommittee on Small Business,Specialty Crops, Rural Development, 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.Foreign Agriculture.
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== Points in Favor ==

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== Points Against ==

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