Expanding Access to Capital for Rural Job Creators Act

# Expanding Access to Capital for Rural Job Creators Act (HR 1190) – Summary **What the Bill Does** This bill requires the SEC's Office of the Advocate for Small Business Capital Formation to study and report on the challenges that small businesses in rural areas face when trying to access capital (money for starting or expanding their operations). The report would document specific problems rural entrepreneurs encounter in securing funding through the financial system. **Who It Affects** The bill primarily targets small business owners in rural communities who struggle to find investors or secure loans. It also involves the SEC, which would need to conduct the research and publish findings.

Rural economic development organizations and policymakers would benefit from having this data to identify where problems exist. **Current Status** The bill has passed the House of Representatives. It has not yet been voted on in the Senate, so it is not yet law.