Expanding Access to Capital for Rural Job Creators Act

# Expanding Access to Capital for Rural Job Creators Act (S 577) Summary **What the Bill Does** This bill would require 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 raise money and access capital. Essentially, it asks a government office to investigate what barriers prevent rural entrepreneurs from getting the funding they need to start or grow their businesses. **Who It Affects** The bill primarily targets small business owners in rural areas, as well as investors and lenders interested in supporting rural economic development.

It would also affect the SEC office responsible for helping small businesses navigate securities regulations. **Current Status** The bill was introduced by Senator John Kennedy (R-LA) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. As a study-focused bill, it would not directly change laws or regulations—it would simply create a formal report to better understand rural business challenges.