Expanding Access to Capital for Rural Job Creators Act

House Bill

H.R. 1190

119th Congress

Expanding Access to Capital for Rural Job Creators Act

In Committee

Introduced:Feb 11, 2025

Primary Sponsor

Kweisi Mfume

Representative

Democratic

MD-7

Cosponsors

5

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill requires the SEC Office of the Advocate for Small Business Capital Formation to report on issues encountered by small businesses in rural areas when trying to raise capital, highlighting barriers unique to rural entrepreneurs.

Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

AI Summary

Plain-English explanation of this bill

This bill requires the SEC Office of the Advocate for Small Business Capital Formation to report on issues encountered by small businesses in rural areas when trying to raise capital, highlighting barriers unique to rural entrepreneurs.

Last updated: 1/5/2026

Official Summary

Congressional Research Service summary

Expanding Access to Capital for Rural Job Creators ActThis bill requires the Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission to report on issues encountered by rural-area small businesses.

Key Points

Main provisions of the bill

Requires SEC report on rural small business capital access
Focuses on issues encountered by rural entrepreneurs
Uses Office of the Advocate for Small Business Capital Formation
Highlights barriers unique to rural areas
Aims to improve capital access for rural job creators

How This Impacts Americans

Potential effects on citizens and communities

The SEC would provide Congress and the public with data on specific challenges rural small businesses face when seeking investment capital. This information could inform future policy changes to improve capital access in rural America.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Related Subjects

Business investment and capital

Rural conditions and development

Securities and Exchange Commission (SEC)

Small business

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1190, 119th Congress (2025). "Expanding Access to Capital for Rural Job Creators Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-1190