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.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1190 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 1190
To amend the Securities Exchange Act of 1934 to expand access to
capital for rural-area small businesses, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 11, 2025
Mr. Downing (for himself, Ms. Bynum, Mr. Nunn of Iowa, and Mr. Pappas)
introduced the following bill; which was referred to the Committee on
Financial Services
_______________________________________________________________________
A BILL
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,''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-122.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-122.
Placed on the Union Calendar, Calendar No. 92.
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H2873-2875)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1190.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)
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On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.