,,ii #aai? ,,congress #a/ ,session ,s4 #ccda ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #c1 #bjbe,mr4 ,hick5loop] 7= himself1 ,mr4 ,m>%all1 ,mr4 ,"y1 & ,mr4 ,coons7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to am5d ! ,small ,bus9ess ,inve/m5t ,act ( #aieh to exclude f ! limit on lev]age c]ta9 am\nts inve/$ 9 small] ent]prises locat$ 9 rural or l[-income areas & small bus9esses 9 critical te*nology areas1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,inve/+ 9 ,all ( ,am]ica ,act ( #bjbe4 #b4 ,small bus9ess inve/m5t company maximum lev]age exclusion 7a7 ,def9itions ,section #ajc7i7 ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4 #ffb7i77 is am5d$-- 7#a7 9 subp>agraph 7,a77ii71 by /rik+ & at ! end2 7#b7 9 subp>agraph 7,b77iii7-- 7,a7 9 subclause 7,i71 by /rik+ e/abli%$ prior to ,octob] #a1 #aihg2 7,b7 9 subclause 7,,ii7-- 7i7 by /rik+ or & ins]t+ a comma2 & 7ii7 by ins]t+ 1 or a f\ndation1 end[m5t1 or tru/ ( a college or univ]sity aft] p5sion plan2 & 7,c7 9 subclause 7,,iii71 by /rik+ ! semicolon at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 does n include any funds obta9$ directly or indirectly f any ,f$]al1 ,/ate or local gov]nm5t or any gov]nm5t ag5cy or in/rum5tality1 except = funds describ$ 9 subclauses 7,i7 ?r\gh 7,,iii7 ( subp>agraph 7,b77iii71 = ! purpose ( approval by ! ,adm9i/rator ( any reque/ = lev]age4 4 7b7 ,maximum lev]age exclusion ,section #cjc7;b77#b7 ( ! ,small ,bus9ess ,inve/m5t ,act ( #aieh 7#ae ,u4,s4,c4 #fhc7;b77#b77 is am5d$-- 7#a7 9 subp>agraph 7,a7-- 7,a7 9 clause 7i71 by /rik+ #cjj & ins]t+ #bjj2 & 7,b7 by am5d+ clause 7ii7 to read z foll[s3 7ii7 7,i7 ) respect to su* a company t makes qu>t]ly or semiannual int]e/ paym5ts1 #bej1jjj1jjj2 or 7,,ii7 #age1jjj1jjj ) respect to any o!r su* company lic5s$ "u section #cja7;c74 2 7#b7 9 subp>agraph 7,b71 by /rik+ may n exce$ #cej1jjj1jjj4 & ins]t+ ! foll[+3 8may n exce$-- 7i7 ) respect to su* companies t are commonly controll$ & t make qu>t]ly or semiannual int]e/ paym5ts1 #dge1jjj1jjj2 or 7ii7 #cej1jjj1jjj ) respect to o!r companies lic5s$ "u section #cja7;c7 t are commonly controll$4 2 & 7#c7 9 subp>agraph 7,c7-- 7,a7 9 ! head+-- 7i7 by ins]t+ or rural aft] l[-income2 & 7ii7 by ins]t+ 1 critical te*nology areas1 or small manufactur]s aft] geographic areas2 7,b7 9 clause 7i7-- 7i7 by /rik+ 7i7 ,9 calculat+ & ins]t+ ! foll[+3 7i7 ,9 g5]al ,except z provid$ 9 clause 7iii71 9 calculat+ 2 7ii7 by ins]t+ or companies aft] ( a company2 7iii7 by /rik+ subp>agraph 7,a7 & ins]t+ subp>agraphs 7,a7 & 7,b72 7iv7 by /rik+ equity2 & 7v7 by /rik+ ! company 9 a small] ent]prise & all t foll[s & ins]t+ ! foll[+3 ! company or companies 9-- 7,i7 a small bus9ess conc]n locat$ 9 a l[-income geographic area 7z def9$ 9 section #cea ( ?is title7 or 9 a rural area 7z def9$ 9 section #cdc7;a7 ( ! ,agricultural ,act ( #aifa 7#g ,u4,s4,c4 #aiia7;a7772 7,,ii7 a small bus9ess conc]n op]at+ prim>ily 9 a cov]$ te*nology category 7z def9$ 9 section #adi7;f7 ( title #aj1 ,unit$ ,/ates ,code72 or 7,,iii7 a small manufactur] 7z def9$ 9 section #eja7;e77#f7 ( ?is ,act74 2 7,c7 by am5d+ clause 7ii7 to read z foll[s3 7ii7 ,limitation ,:ile ma9ta9+ ! limitation ( subp>agraph 7,a77i7 & consi/5t ) a lev]age det]m9ation ratio issu$ pursuant to section #cja7;c71 ! aggregate am\nt exclud$ = a company or companies "u clause 7i7 f ! calculation ( ! out/&+ lev]age su* company or companies = ! purposes ( subp>agraphs 7,a7 & 7,b7 may n exce$ ! less] ( #ej p]c5t ( ! private capital ( su* company or companies or #abe1jjj1jjj 2 & 7,d7 by am5d+ clause 7iii7 to read z foll[s3 7iii7 ,prospective applicability ,an inve/m5t by a lic5see is eligible = exclusion f ! calculation ( out/&+ lev]age "u clause 7i7 only if su* inve/m5t is made by su* lic5see aft] ! date ( enactm5t ( ?is clause4 4