HR 298 · 118th Congress 2023–2025, ended

Expanding Access to Capital for Rural Job Creators Act

Latest action · Jan 31, 2023 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJan 11, 2023
  2. Passed HouseJan 30, 2023
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Expanding Access to Capital for Rural Job Creators Act

This bill requires the Advocate for Small Business Capital Formation within the Securities and Exchange Commission to report on issues encountered by rural-area small businesses.

Cosponsors 12

Members who signed on, in the order they did. Signatures ran from Jan 11, 2023 to Jan 30, 2023; 3 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-NHChris PappasOriginalJan 11, 2023
D-TXHenry CuellarOriginalJan 11, 2023
D-NMTeresa Leger FernandezOriginalJan 11, 2023
R-PRJenniffer González-ColónJan 20, 2023
R-WVCarol D. MillerJan 24, 2023
R-NEMike FloodJan 26, 2023
R-IAZachary NunnJan 26, 2023
R-NYMichael LawlerJan 27, 2023
R-MIJohn JamesJan 30, 2023
R-TNJohn W. RoseJan 30, 2023
D-WAMarie Gluesenkamp PerezJan 30, 2023
R-SCRussell FryJan 30, 2023

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Jan 11, 2023
SenateBanking, Housing, and Urban Affairs Committee
Referred Jan 31, 2023

Actions 8

Everything that happened, newest first.

  1. Jan 31, 2023Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jan 30, 2023Mr. McHenry moved to suspend the rules and pass the bill.
  3. Jan 30, 2023Considered under suspension of the rules. (consideration: CR H502-504)
  4. Jan 30, 2023DEBATE - The House proceeded with forty minutes of debate on H.R. 298.
  5. Jan 30, 2023Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H503)
  6. Jan 30, 2023Motion to reconsider laid on the table Agreed to without objection.
  7. Jan 11, 2023Introduced in House
  8. Jan 11, 2023Referred to the House Committee on Financial Services.

In the Congressional Record 3

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
HouseDebate and remarks H1269Alexander X. Mooney R-WVMar 10, 2023
HouseDebate and remarks H657Alexander X. Mooney R-WVFeb 2, 2023
HouseDebate and remarks H502–H504Text printed H503J. French Hill R-AR, Maxine Waters D-CA, Patrick T. McHenry R-NC, Sheila Jackson Lee D-TXJan 30, 2023

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: This bill is enacted pursuant to the power granted to Congress under Article 1, Section 8 of the United States Constitution.

The sponsor’s statement, as printed in the Congressional Record, vol. 169, no. 9, January 11, 2023, page H205.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 294Expanding Access to Capital for Rural Job Creators ActIdentical billSep 12, 2023

Titles 4

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.
Short Title(s) as Introduced
Expanding Access to Capital for Rural Job Creators Act
Short Title(s) as Passed House
Expanding Access to Capital for Rural Job Creators Act
Short Titles from RFS (Referred to Senate) bill text
Expanding Access to Capital for Rural Job Creators Act

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 3

Each version as it was printed, newest first.

  1. Jan 31, 2023Referred in Senate
  2. Jan 30, 2023Engrossed in House
  3. Jan 11, 2023Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.