A bill to amend the Small Business Investment Act of 1958, to change the title and duties of the Associate Administrator for Finance and Investment of the Small Business Administration.

[AI summary unavailable — showing source text] Changes the title of the Associate Administrator for Finance and Investment of the Small Business Administration to the Associate Administrator for Investment and provides that he shall devote his full time exclusively as head of the Small Business Investment Division. Increases the authority of the Associate Administrator with respect to rendering financial assistance to small business investment companies. Places limits on the amount of financing which shall be available to small businesses, such limitations to be based on the private paid-in capital and paid-in surplus of such business.…