John Kennedy (R-LA)

Expanding Access to Capital for Rural Job Creators Act

S. 577 · Senate bill Finance and Financial Sector

A Republican bill with 3 Democratic cosponsors · See all 5 cosponsors

Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. 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

  • Scored +5

    Would business owners be better off under this?

    Small business owners in rural areas gain expanded access to capital through these amendments.

  • Scored +5

    Does this make it easier to run a small business?

    The bill expands the category of businesses eligible for certain capital access provisions to include rural-area small businesses.

  • Scored +4

    Would people in rural areas be better off under this?

    The bill specifically benefits the economic landscape of rural communities by supporting their small businesses.

The opposite

No question was scored the opposite.