Bill · S. 577· Senate(119-S-577)
Expanding Access to Capital for Rural Job Creators Act
- Introduced
- 2/13/2025
- Last activity
- 2/13/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- John Kennedy
- Cosponsors
- - 2 - 3
- Introduced
- In Committee
What this bill would do
This bill, known as the "Expanding Access to Capital for Rural Job Creators Act," proposes amendments to the Securities Exchange Act of 1934. The primary goal is to expand access to capital for small businesses located in rural areas. It achieves this by inserting specific language into existing law regarding women-owned small businesses. The bill has been introduced in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs.
Yes· 3 of 6
Would business owners be better off under this?+5
Small business owners in rural areas gain expanded access to capital through these amendments.
Does this make it easier to run a small business?+5
The bill expands the category of businesses eligible for certain capital access provisions to include rural-area small businesses.
Would people in rural areas be better off under this?+4
The bill specifically benefits the economic landscape of rural communities by supporting their small businesses.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Expanded Capital Access: The bill adds "rural-area small businesses" to specific paragraphs in the Securities Exchange Act of s1934, which aims to expand access to capital for these businesses (Sec. 2).
Potential Negative Impacts for People
- No negative impacts identified: The provided text does not contain any information regarding potential negative consequences or burdens.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Rural Residents+4
- Economy And Finance
- Improves Small Business Support+5Increases Job Creation+3
- Environment Energy And Infrastructure
- Improves Rural Development+4
- Social Issues And Justice
- Improves Poverty Reduction+1
- 9/2/2025
- 1 Cosponsor added.
- 6/2/2025
- 1 Cosponsor added.
- 2/13/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 3 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Shelley CapitoRepublican · West Virginia
Gary PetersDemocrat · Michigan
Pete RickettsRepublican · Nebraska
Tina SmithDemocrat · Minnesota
Raphael WarnockDemocrat · Georgia