Small Business Investment Incentive Act

[AI summary unavailable — showing source text] Small Business Investment Incentive Act - Title I: Investment Incentives - Amends the Internal Revenue Code to provide special tax benefits with respect to gains and losses on the sale of interests in small businesses, bad debt deductions for guarantors of obligations of small business corporations, reserves for losses on equity investments of small business investment companies, and qualified stock options for small businesses. Title II: Tax Reduction - Increases the corporate surtax exemption, and the amount of the additional first year depreciation allowance for small businesses. Allows a ten-year carryover of small business net operating losses. Increases the minimum accumulated earnings credit.…