Expanding Access to Capital for Rural Job Creators Act
United States119th CongressS-577Senate
Updated: Feb 13, 2025
Summary
This bill aims to expand access to capital for rural-area small businesses by amending the Securities Exchange Act of 1934. It specifically modifies Section 4(j) of the Act, which governs aspects of capital formation and support for small businesses. The legislation inserts "rural-area small businesses" into two distinct paragraphs within this section, placing them alongside other specified categories like women-owned small businesses. This amendment ensures that rural-area small businesses are explicitly recognized and considered in efforts to facilitate their access to financial resources. The overall purpose is to provide these businesses with enhanced focus and support in the capital markets.
Bill texts
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Timeline
Latest companion bill action
HR-1190: Expanding Access to Capital for Rural Job Creators ActReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate
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