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.

Amends the Small Business Act to prohibit the Small Business Administration (SBA) from denying financial assistance to a small business solely because its primary operation is: (1) book, newspaper, magazine, greeting card, or calendar publication or distribution; (2) radio or television broadcasting; (3) film, record, or video tape production or distribution; (4) theatre or motion picture entertainment; (5) instruction or tutoring in academic subjects; or (6) a similar operation.

Permits such denial if the SBA determines after a hearing that assistance will be used primarily to: (1) advance or inhibit religion; (2) threaten the overthrow of organized government; or (3) engage in illegal activity or the dissemination of obscene materials.