H.R.5521: Rural Capital Access Act

About This Bill

  • Introduced Oct. 8, 2021
  • Latest Major Action Oct. 21, 2021

Bill Sponsor

Bill Version

Bill Summary

Rural Capital Access Act This bill increases federally backed leverage, or investments, available to small businesses in rural areas through Small Business Administration (SBA) programs. Specifically, the bill (1) reduces restrictions on federally backed leverage for small business investment companies (SBICs) investing in small businesses located in rural areas, and (2) allows the SBA to extend as leverage to rural business investment...

(Source: Library of Congress)

Bill Actions

Date Description
Oct. 21, 2021
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Oct. 8, 2021
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct. 8, 2021

Introduced in the House by Dave Joyce (R-Ohio)

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