Rural Jobs and Investment Act of 2018 This bill amends the Consolidated Farm and Rural Development Act to establish a Department of Agriculture (USDA) grant program for establishing jobs accelerators that are located in or serve low-income rural communities. The jobs accelerators are centers or programs that may provide co-working space, in-demand skills training, entrepreneurship support, and other specified services. USDA must establish an interagency federal task force to support the network of jobs accelerators by providing certain information, technical assistance, support services, and opportunities for collaboration. The bill also reauthorizes and modifies the USDA Rural Business Investment Program. The modifications address the limitation on rural business and investment companies controlled by Farm Credit System institutions and coordination with the Small Business Administration Small Business Investment Company program.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced in Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Agriculture and Food
Building constructionBusiness investment and capitalEconomic developmentEmployment and training programsHigher educationHousing and community development fundingInterest, dividends, interest ratesIntergovernmental relationsInternet and video servicesInternet, web applications, social mediaPerformance measurementPublic-private cooperationRural conditions and developmentSmall business
A bill to amend the Consolidated Farm and Rural Development Act to reauthorize the rural business investment program, and for other purposes.
USA115th CongressS-3034| Senate
| Updated: 6/7/2018
Rural Jobs and Investment Act of 2018 This bill amends the Consolidated Farm and Rural Development Act to establish a Department of Agriculture (USDA) grant program for establishing jobs accelerators that are located in or serve low-income rural communities. The jobs accelerators are centers or programs that may provide co-working space, in-demand skills training, entrepreneurship support, and other specified services. USDA must establish an interagency federal task force to support the network of jobs accelerators by providing certain information, technical assistance, support services, and opportunities for collaboration. The bill also reauthorizes and modifies the USDA Rural Business Investment Program. The modifications address the limitation on rural business and investment companies controlled by Farm Credit System institutions and coordination with the Small Business Administration Small Business Investment Company program.
Building constructionBusiness investment and capitalEconomic developmentEmployment and training programsHigher educationHousing and community development fundingInterest, dividends, interest ratesIntergovernmental relationsInternet and video servicesInternet, web applications, social mediaPerformance measurementPublic-private cooperationRural conditions and developmentSmall business