...and to add the following language — "provided, however, that the word 'affiliate' does not include a small business Investment company licensed under the Small Business Investment Act of 1958." We note that HR 32, the judges' bill, does not contain a provision corresponding to that set....

...thereof the following new subsection : "(e) Deduction for Deficiency Dividends. "(1) GENERAL RULE. — In the case of a small business investment company licensed under the Small Business Investment Act of 1958 which qualifies and elects to be taxed under this part, if a determination (as defined in subsection...

...could be read in such a way as to provide no relief. Proposed section 852(e)(1) is phrased in terms of "a small business investment company licensed under the Small Business Investment Act of 1958." Read in conjunction with the remainder of paragraph (1) and other portions of the bill, this...

...0 of the Investment Company Act of 1940 (-1940 Act") since September 11, 196C. B. Creative is also a small business investment company licensed under the Small Business Investment Act of 1958. C. Comae Company ("Comae"), a co-partnership organized under the laws of the state of Michigan,...

...of the subcommittee, my name is Donald E. Price. I am appearing on behalf of Midland Capital Corp., a small business investment company licensed under the Small Business Investment Act of 1958. I am Midland's vice president and secretary and its house counsel. We are pleased to have this...

...transaction which establishes one or more independent business entities, (iv) assisting small businesses as a small business investment company licensed under the Small Business Investment Act, (v) any business which is incidental to the businesses described in clauses (i) through (iv), or (vi)...

...offering" as used in section 3(c)(l) of the Act shall not be deemed to include the offer and sale by a small business investment company, licensed under the Small Business Investment Act of 1958, of any debt security issued by it which is (i) not convertible into, exchangeshares of a MESBIC,...

...rehabilitation, or construction of housing for low- and moderate-income individuals, or indebtedness incurred by a small business investment company licensed under the Small Business Investment Act if the indebtedness is evidenced by a debenture issued by the company under that Act134 and held or...

...installment payments) or paying off loans provided, guaranteed, or insured by another Federal agency or a Small Business Investment Company licensed under the Small Business Investment Act. Federal Deposit Insurance Corporation (FDIC) and Resolution Trust Corporation (RTC) are not considered...

...public offering" as used in section 4(2) of the Act, shall be deemed to include the offer or sale by a small business Investment company, licensed under the Small Business Investment Act of 1958, of its capital stock to a small business concern pursuant to the provisions of section 304 (c)...