Bill > S577

This bill amends the Securities Exchange Act of 1934 to expand opportunities for rural-area small businesses to access capital. Specifically, the bill modifies two sections of the existing law to explicitly include "rural-area small businesses" alongside other designated business categories when discussing considerations for capital access. By adding this language to the existing statute, the bill aims to ensure that rural small businesses receive the same level of attention and support in financial regulatory processes as other targeted business groups, such as women-owned small businesses. The legislation, known as the "Expanding Access to Capital for Rural Job Creators Act," is designed to help small businesses in rural areas more easily obtain funding and financial resources, potentially addressing economic disparities between rural and urban regions by providing additional pathways for rural entrepreneurs to secure investment and grow their businesses.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/577/all-info