HR 9655 · 95th Congress · Commerce

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

Introduced 1977-10-19· Sponsored by Rep. LaFalce, John J. [D-NY-36]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Small Business.(1977-10-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Small Business Investment Company Act of 1958 to permit small business investment companies to issue debentures to the Small Business Administration for a term of no more than 15 years, provided that when such debentures are held to maturity, interest will be paid at a rate not less than that stated in this Act.…

Summarized by Claude AI · Non-partisan · For informational purposes only