Bill > HR1190

This bill aims to expand access to capital for small businesses located in rural areas by amending the Securities Exchange Act of 1934. Specifically, the bill modifies two sections of the Act to explicitly include "rural-area small businesses" alongside existing references to other types of businesses like women-owned small businesses. These changes would likely help rural small businesses have greater opportunities to access financial resources and capital markets. By adding "rural-area small businesses" to these existing provisions, the bill seeks to address potential financial disparities and support economic development in rural regions. The legislation appears designed to provide additional support and recognition for small businesses in less populated or more geographically isolated areas, potentially helping to promote economic growth and job creation in rural communities across the United States.

Business and Industry, Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/house-bill/1190/all-info