Pollution Control Financing for Small Businesses: Hearing Before the Subcommittee on Energy, Environment, and Safety Issues Affecting Small Business of the Committee on Small Business, House of Representatives, Ninety-seventh Congress ... Washington, D.C. ...

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Page 23 - Mr. Chairman, this concludes my prepared remarks. I will be pleased to answer any questions you or other members of the Subcommittee may have.
Page 79 - It is the purpose of this program to provide special economic development and adjustment assistance programs to help State and local areas meet special needs arising from actual or threatened severe unemployment arising from economic dislocation...
Page 74 - ... (6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern in effecting additions to or alterations in the equipment, facilities, or methods of operation...
Page 77 - Administration may, whenever it determines that small business concerns are or are likely to be at an operational or financing disadvantage with other business concerns with respect to the planning, design, or installation of pollution control facilities, or the obtaining of financing therefor (including financing by means of revenue bonds issued by States, political subdivisions thereof, or other public bodies), guarantee the payment of rentals or other amounts due under qualified contracts.
Page 75 - Act of 1970, if the Administration determines that such concern is likely to suffer substantial economic injury without assistance under this paragraph.
Page 81 - The Secretary may make grants, not to exceed $50,000,000 annually, to eligible applicants under this section for pollution abatement and control projects in rural areas. No such grant shall exceed 50 per centum of the development cost of such a project.
Page 77 - ... this chapter; (c) Be at an operational or financing disadvantage with other business concerns with respect to the planning, design, or installation of pollution control facilities, or the obtaining of financing therefor, or likely to suffer such disadvantage; (d) Have been in operation for at least 5 years, and have a history of profitable operations during any three of the last 5 years preceding the date of the application; (e) Provide evidence (usually from a pollution regulatory authority)...
Page 73 - It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect insofar as is possible the interests of small business concerns in order to preserve free competitive enterprise...
Page 80 - Indian tribal groups, or to individuals for the purpose of improving, developing, or financing business, industry, and employment and improving the economic and environmental climate in rural communities, including pollution abatement and control.
Page 82 - No grant shall be made for any project under this subsection unless the Administrator determines that such project will develop or demonstrate a new or improved method of treating industrial wastes or otherwise prevent pollution by industry, which method shall have industrywide application.