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- S.1058
S.1058: Rural Capital Access Act
About This Bill
- Introduced March 25, 2021
- Latest Major Action March 25, 2021
Bill Sponsor
Bill Version
- Introduced in Senate - March 25, 2021
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 |
|---|---|
| March 25, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| March 25, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S1830-1831)
|
| March 25, 2021 |
Introduced in the Senate by John Thune (R-S.D.) |