Raises the limits on federal leverage for Small Business Investment Companies and excludes certain investments in rural, low-income, critical technology, and small manufacturing businesses from those limits.

• Excludes from leverage calculations certain investments in small businesses in low-income or rural areas, critical technology fields, and small manufacturers, capped at the lesser of 50 percent of private capital or $125,000,000 per company group
• Raises the maximum leverage limit for companies making quarterly or semiannual interest payments to $250,000,000, and sets $175,000,000 for other licensed companies
• Raises the cap for commonly controlled companies making quarterly or semiannual interest payments to $475,000,000, and keeps $350,000,000 for other commonly controlled companies
• Expands the definition of eligible private capital to include funds from college and university foundations, endowments, and trusts, and removes the October 1, 1987 date limit on pension-related funds

• Small Business Committee (House)
• Small Business and Entrepreneurship Committee (Senate)

Commerce