Expanding Access to Capital for Rural Job Creators Act
This bill updates securities regulations to include rural-area small businesses in existing capital access provisions. Specifically, it amends the Securities Exchange Act of 1934 to add "rural-area small businesses" as a qualifying category alongside women-owned small businesses in two key sections. The change directly affects rural small businesses seeking capital by expanding their eligibility for certain regulatory exemptions. This is a procedural adjustment to current law, not a new funding program.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2023
Committee Review
Jan 2023
House Passage
Jan 2023
Senate Passage
President
Introduced Jan 11, 2023
Last action Jan 31, 2023
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
2
Jan 31, 2023
Committee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jan 30, 2023
Lower · Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H503)
lower
Jan 11, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Jan 11, 2023
Introduced
Introduced in House
lower
1 primary · 12 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alexander X. Mooney
RRepublican
Co
Carol D. Miller
RRepublican
Co
Chris Pappas
DDemocratic
Co
Henry Cuellar
DDemocratic
Co
Jenniffer González-Colón
RRepublican
Co
John James
RRepublican
Co
John W. Rose
RRepublican
Co
Marie Gluesenkamp Perez
DDemocratic
Co
Michael Lawler
RRepublican
Co
Mike Flood
RRepublican
Co
Russell Fry
RRepublican
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