Senate Bill 294
118th Congress(2023-2024)
Expanding Access to Capital for Rural Job Creators Act
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Passed Senate on Sep 7, 2023
Overview
Text
S. 294 (Introduced-in-Senate)


118th CONGRESS
1st Session
S. 294


To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.


IN THE SENATE OF THE UNITED STATES

February 7, 2023

Mr. Kennedy (for himself, Ms. Smith, Mr. Peters, Mr. Warnock, Ms. Rosen, and Mrs. Capito) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Expanding Access to Capital for Rural Job Creators Act”.

SEC. 2. Access to capital for rural-area small businesses.

Section 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 78d(j)) is amended—

(1) in paragraph (4)(C), by inserting “rural-area small businesses,” after “women-owned small businesses,”; and

(2) in paragraph (6)(B)(iii), by inserting “rural-area small businesses,” after “women-owned small businesses,”.