Bill Details

HR.1190 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-06-24 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced Date
2025-02-11
Policy Area
Finance and Financial Sector
7
0

Official Summaries

Expanding Access to Capital for Rural Job Creators Act

This bill requires the Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission to report on issues encountered by rural-area small businesses.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1190 Referred in Senate (RFS)]

<DOC>
119th CONGRESS
  1st Session
                                H. R. 1190


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 24, 2025

Received; read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 AN ACT


 
   To amend the Securities Exchange Act of 1934 to expand access to 
    capital for rural-area small businesses, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Expanding Access to Capital for 
Rural Job Creators Act''.

SEC. 2. ACCESS TO CAPITAL FOR RURAL-AREA SMALL BUSINESSES.

    Section 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 
78d(j)) is amended--
            (1) in paragraph (4)(C), by inserting ``, rural-area small 
        businesses'' after ``women-owned small businesses''; and
            (2) in paragraph (6)(B)(iii), by inserting ``, rural-area 
        small businesses'' after ``women-owned small businesses''.

            Passed the House of Representatives June 23, 2025.

            Attest:

                                             KEVIN F. MCCUMBER,

                                                                 Clerk.