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Small Business Support: Easier Access to Capital

This act aims to make it easier for small businesses to raise money for growth. The Small Business Administration (SBA) will create and provide simple information about two important ways to get capital: Regulation CF and Rule 504 of Regulation D. This will help entrepreneurs better understand and use these options, potentially leading to new jobs and local economic growth.
Key points
The SBA will create easily accessible resources on how small businesses can raise money from investors using Regulation CF and Rule 504 of Regulation D.
The information will include descriptions, explanations of impact on businesses, guidance on raising capital, and contact points for support.
These resources will be regularly updated and distributed through small business support centers, such as small business development centers, women's business centers, and veteran business outreach centers.
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Additional Information
Print number: 117_HR_9450
Sponsor: Rep. Flood, Mike [R-NE-1]
Process start date: 2022-12-07
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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

Connecting Small Businesses with Capital Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9450.

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 2022-12-07.

What are the main provisions?

Key points include:

  • The SBA will create easily accessible resources on how small businesses can raise money from investors using Regulation CF and Rule 504 of Regulation D.
  • The information will include descriptions, explanations of impact on businesses, guidance on raising capital, and contact points for support.
  • These resources will be regularly updated and distributed through small business support centers, such as small business development centers, women's business centers, and veteran business outreach centers.
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. Flood, Mike [R-NE-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

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

CATEGORIES

Economy