Expanding Access to Capital for Rural Job Creators Act
Sponsored By: Senator Kennedy, John [R-LA]
Introduced
Summary
Adds rural-area small businesses to SEC small-business advocacy reporting. The bill would insert the term "rural-area small businesses" into two places in Section 4(j) of the Securities Exchange Act of 1934, so the Office of the Advocate for Small Business Capital Formation reports on issues encountered by rural firms seeking capital.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Rural small businesses added to list
This bill would add the term "rural-area small businesses" to two places in Section 4(j) of the Securities Exchange Act. It would insert that phrase after "women-owned small businesses" in paragraph (4)(C) and paragraph (6)(B)(iii). If enacted, rural-area small businesses would be included among the named categories that get the same statutory treatment under Section 4(j). The change would take effect upon enactment and does not provide new funding or create a new program.
Sponsors & CoSponsors
Sponsor
Kennedy, John [R-LA]
LA • R
Cosponsors
Shelley Capito
WV • R
Sponsored 2/13/2025
Gary Peters
MI • D
Sponsored 2/13/2025
Raphael Warnock
GA • D
Sponsored 2/13/2025
Sen. Smith, Tina [D-MN]
MN • D
Sponsored 6/2/2025
Sen. Ricketts, Pete [R-NE]
NE • R
Sponsored 9/2/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov