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Financial Support for Rural Businesses

This act aims to improve access to capital for small businesses operating in rural areas. It allows investment companies focused on rural regions to receive more financial support, which is intended to stimulate economic growth and job creation in these areas. Citizens living in rural communities may experience improved access to services and products, as well as greater employment opportunities.
Key points
Increased funding opportunities for companies investing in rural areas, potentially leading to the growth of local businesses.
Establishment of a working group to improve coordination between government agencies supporting rural economic development.
Easier access to capital for small businesses in rural areas, which can contribute to the creation of new jobs.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_5521
Sponsor: Rep. Joyce, David P. [R-OH-14]
Process start date: 2021-10-08
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Rural Capital Access Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5521.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-10-08.

What are the main provisions?

Key points include:

  • Increased funding opportunities for companies investing in rural areas, potentially leading to the growth of local businesses.
  • Establishment of a working group to improve coordination between government agencies supporting rural economic development.
  • Easier access to capital for small businesses in rural areas, which can contribute to the creation of new jobs.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Joyce, David P. [R-OH-14].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Agriculture Public Investments