H.R. 1190 · Where this bill is now
Passed both chambers
House: Passed Jun 23, 2025, by voice vote; Senate: Passed Sep 29, 2026, by unanimous consent
What this bill does
In plain words · AI-written from the official summaryReporting on rural small business capital needs
The bill asks the Securities and Exchange Commission—specifically its Office of the Advocate for Small Business Capital Formation—to create a report about challenges that small businesses in rural areas face when trying to get funding and financial resources.
How it affects you
If you own or work for a small business in a rural area, this could matter to you down the line. The report would document what kinds of obstacles rural businesses run into, which could eventually help policymakers figure out ways to make it easier for those businesses to access money and grow. For most people, the direct effect is limited to the creation of this informational report.
Read the official summary (Introduced in House, Feb 11, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 1190
AN ACT
Expanding Access to Capital for Rural Job Creators Act
Sponsor: Rep. Troy Downing (R-MT-2) · Introduced Feb 11, 2025 · Finance and Financial Sector · 5 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Sep 29, 2026: “Passed Senate without amendment by Unanimous Consent. (consideration: CR S5185)”
Sections
The wording of this bill hasn’t changed across its 5 official versions.