A bill to amend the Small Business Investment Act of 1958 to authorize small business investment companies to charge higher rates of interest.

[AI summary unavailable — showing source text] Provides, under the Small Business Investment Act, that small business investment companies may, in any State prescribing a lower rate than permitted by such Act, provide financing in amounts of $25,000 or more at a rate of interest of not more than five percent in excess of the discount rate on 90-day commercial paper in effect at the Federal Reserve district where the small business investment company is located.…