Federal119Active
HR1190
Expanding Access to Capital for Rural Job Creators Act
Last scannedOct 19, 2026, 2:45 AM
In one sentence
This bill amends federal securities laws to include rural-area small businesses in specific legal categories and requires a government office to report on the issues these businesses face.
What it does
- Amends the Securities Exchange Act of 1934.
- Adds rural-area small businesses to specific legal paragraphs in Section 4(j) alongside women-owned small businesses.
- Requires the Office of the Advocate for Small Business Capital Formation to report on issues encountered by rural-area small businesses.
Who it affects
- Rural-area small businesses.
- The Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission.
Limits and unknowns
- The official text does not define exactly what 'rural-area small businesses' means for legal purposes.
- The official text does not specify the exact format or deadline for the required reports.
- The bill status indicates it passed one chamber, but it may still need more steps to become law.
Plain language
Terms to know
- Securities Exchange Act of 1934
- A federal law that is being amended by this bill to include rural-area small businesses in certain sections.
- Office of the Advocate for Small Business Capital Formation
- A part of the Securities and Exchange Commission that is required to report on issues faced by rural-area small businesses.
Official record
Sources
Read the official summary
Expanding Access to Capital for Rural Job Creators Act This 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.
Official activity
Bill history
- Message on Senate action sent to the House.Senate
- Passed Senate without amendment by Unanimous Consent. (consideration: CR S5185)Senate
- Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5185)Library of Congress
- Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.Senate
- Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.Library of Congress
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
- Motion to reconsider laid on the table Agreed to without objection.House floor actions
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)House floor actions
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)Library of Congress
- DEBATE - The House proceeded with forty minutes of debate on H.R. 1190.House floor actions
- Considered under suspension of the rules. (consideration: CR H2873-2875)House floor actions
- Mrs. Wagner moved to suspend the rules and pass the bill, as amended.House floor actions
- Placed on the Union Calendar, Calendar No. 92.House floor actions
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-122.House floor actions
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-122.Library of Congress
- Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.House committee actions
- Committee Consideration and Mark-up Session HeldHouse committee actions
- Referred to the House Committee on Financial Services.House floor actions
- Introduced in HouseLibrary of Congress
- Introduced in HouseLibrary of Congress