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Enhanced Federal Support for Rural Small Businesses: Better Program Access and Coordination.

This Act strengthens the Office of Rural Affairs within the Small Business Administration (SBA) to provide better assistance to small businesses in rural areas. Citizens operating such businesses will gain easier access to loans, advice, and government programs through improved coordination between the SBA and the Department of Agriculture. The law mandates new duties, such as hosting outreach events and webinars, to increase awareness of available funding and support.
Key points
Strengthening the SBA's Office of Rural Affairs, tasked with promoting support programs specifically for rural small businesses.
Mandating coordination between the SBA and the Department of Agriculture (USDA) to improve capital access and loan programs for rural entrepreneurs.
Requiring regular webinars and outreach events for rural small business owners to increase their knowledge of available federal resources and programs.
Annual reporting requirement for the SBA on the Office's activities, including an analysis of gaps in lending programs serving rural small businesses.
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Expired
Citizen Poll
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Additional Information
Print number: 118_S_4764
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Process start date: 2024-07-24
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OFFICIAL LEGAL TITLE

Coordinated Support for Rural Small Businesses Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4764.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-07-24.

What are the main provisions?

Key points include:

  • Strengthening the SBA's Office of Rural Affairs, tasked with promoting support programs specifically for rural small businesses.
  • Mandating coordination between the SBA and the Department of Agriculture (USDA) to improve capital access and loan programs for rural entrepreneurs.
  • Requiring regular webinars and outreach events for rural small business owners to increase their knowledge of available federal resources and programs.
  • Annual reporting requirement for the SBA on the Office's activities, including an analysis of gaps in lending programs serving rural small businesses.
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 Sen. Shaheen, Jeanne [D-NH].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Agriculture