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![handle is hein.congrecreports/crptxaazi0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
115TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 115-531
EXPANDING ACCESS TO CAPITAL FOR RURAL JOB
CREATORS ACT
JANUARY 29, 2018.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. HENSARLING, from the Committee on Financial Services,
submitted the following
REPORT
[To accompany H.R. 4281]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 4281) to amend the Securities Exchange Act of 1934 to
expand access to capital for rural-area small businesses, and for
other purposes, having considered the same, report favorably there-
on with an amendment and recommend that the bill as amended
do pass.
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Expanding Access to Capital for Rural Job Creators
Act.
SEC. 2. ACCESS TO CAPITAL FOR RURAL-AREA SMALL BUSINESSES.
Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended-
(1) in subsection (j)(4)(C), by striking and women-owned small businesses
and inserting , women-owned, and rural-area small businesses; and
(2) in subsection (j)(6)(B)(iii), by striking and women-owned small busi-
nesses and inserting , women-owned, and rural-area small businesses.
PURPOSE AND SUMMARY
On November 7, 2017, Representatives Ruben Kihuen and Alex
Mooney introduced H.R. 4281, the Expanding Access to Capital for
Rural Job Creators Act, which amends the Securities Exchange
Act of 1934 (Exchange Act) to ensure the Securities and Exchange
Commission's (SEC) Advocate for Small Business Capital Forma-
tion (Small Business Advocate) considers and identifies any unique
challenges to rural area small businesses when identifying prob-
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