A bill to amend the Small Business Act and the Small Business Investment Act of 1958.

[AI summary unavailable — showing source text] Title I: Amendments to the Small Business Investment Act of 1958 - Amends the Small Business Investment Act of 1958 to change the limitation on the amount of securities which the Small Business Administration (SBA) may purchase from various classes of small business investment companies. Authorizes small business investment companies to invest funds in certificates of deposit or savings accounts in institutions whose accounts are insured by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation. Repeals certain requirements with respect to interest rates on debentures purchased by the SBA. Title II: Amendments to the Small Business Act - Amends the Small Business Act to authorize the SBA to let subcontracts or to arrange for the performance of its own government contracts to socially and economically disadvantaged small business concerns for construction work, services, and the manufacture, supply or assembly of articles. Defines socially and economically disadvantaged small business concerns for purposes of this Act. Exempts small businesses receiving such subcontracts from performance bond requirements under specified circumstances. Requir…