A bill to amend the Small Business Act to restrict the authority of the Small Business Administration to deny financial assistance to small business concerns solely because the primary business operations of such concerns relate to the communication of ideas.

Summary

Amends the Small Business Act to restrict the authority of the Small Business Administration to deny financial assistance to small business concerns solely because the primary business operation of such concern is publication or distribution of published materials; broadcasting; instruction or tutoring academic subjects; or any other similar operations. Permits denial of financial assistance to any small business if the Administration determines, on the basis of a hearing on the record, that such assistance will be: (1) adverse to a legitimate public interest, or (2) used primarily to promote or criticize political or religious ideas.

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Documents

1 official file

• Introduced in House

  summary · EN · 26 January 1977

  Open at official source

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