CONGRESS FOR VOTERS

Vicente Gonzalez (D-TX)

Advocating for Small Business Act

H.R. 4449 · House bill Finance and Financial Sector

A Democratic bill with 2 Republican cosponsors · See all 2 cosponsors

Last activity — Placed on the Union Calendar, Calendar No. 207.

Cleared committee, waiting for its first floor vote

A committee approved it and it is on the calendar of the chamber it started in.

This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.

Its path through Congress

  1. Introduced
  2. On Calendar

What this bill would do

This bill, titled the "Advocating for Small Business Act," seeks to amend the Securities Exchange Act of 1934. It directs the Securities and Exchange Commission to establish Offices of Small Business within every division that performs rule writing activities. These new offices are intended to coordinate on rules and policy priorities specifically related to capital formation. The goal is to make the SEC more small business friendly.

Yes· 3 of 5

  • Scored +7

    Would business owners be better off under this?

    The bill directly targets the interests of small business owners by establishing internal SEC offices to prioritize their capital formation needs.

  • Scored +6

    Does this make it easier to run a small business?

    The bill creates specialized offices within the SEC to specifically advocate for and coordinate on policies benefiting small business capital formation.

  • Scored +2

    Is this likely to grow the economy?

    By facilitating capital formation for small businesses, the bill could indirectly support broader economic growth.

The opposite

No question was scored the opposite.