HR 1190 United States House · 119th Congress

Expanding Access to Capital for Rural Job Creators Act

This bill amends the Securities Exchange Act of 1934 to expand eligibility for certain capital access provisions. It directly affects rural-area small businesses by adding them to existing categories that qualify for streamlined capital-raising mechanisms previously limited to women-owned small businesses. The key change inserts "rural-area small businesses" into two specific sections of the law (paragraphs 4(j)(4)(C) and 4(j)(6)(B)(iii)), updating the rules for who can access these capital channels. This provides a concrete policy change by formally including rural small businesses in current regulatory frameworks designed to help small business owners raise capital. The bill does not create new funding programs but adjusts existing eligibility criteria under federal securities law.
Bill status passed 3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Jun 2025
House Passage
Jun 2025
Senate Passage
President
Introduced Feb 11, 2025 Last action Jun 24, 2025
Floor votes

How they voted

This bill passed the House by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
13
Key actions
3
Committee
4
Amendments
3
Jun 24, 2025
Committee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jun 23, 2025
Introduced
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)
lower
Jun 23, 2025
Lower · Passed
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)
lower
Jun 23, 2025
Introduced
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
lower
Jun 3, 2025
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-122.
lower
May 20, 2025
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
lower
May 20, 2025
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Feb 11, 2025
Committee
Referred to the House Committee on Financial Services.
lower
Feb 11, 2025
Introduced
Introduced in House
lower
1 primary · 5 co-sponsors

Sponsors