United States 119th Congress Status: In Committee Bipartisan · 3 R · 3 D cosponsors

S 577 — Expanding Access to Capital for Rural Job Creators Act

Last action — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 13, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 42% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 6 sponsors

    1 primary, 5 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (3 R · 3 D) — cross-party backing.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Expanding Access to Capital for Rural Job Creators ActThis bill requires the Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission to report on issues encountered by rural-area small businesses.

Bill Text

How this bill changes current law

2 changes Share ↗

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill expands the criteria for eligibility in the Securities Exchange Act of 1934 to include rural-area small businesses.

  • 15 U.S.C. 78d(j)(4)(C)

    rural-area small businesses,

    Adds rural-area small businesses as a category eligible for benefits alongside women-owned small businesses.

  • 15 U.S.C. 78d(j)(6)(B)(iii)

    rural-area small businesses,

    Includes rural-area small businesses in the provisions that also apply to women-owned small businesses.

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 5 co-sponsors · 541 not signed on

Sponsors (1)

Co-sponsors (5)

Not signed on (541)

541 members have not signed on to this bill.

Show all 541 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance agriculture
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 577 do?
Expanding Access to Capital for Rural Job Creators ActThis bill requires the Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission to report on issues encountered by rural-area small businesses.
Who sponsors S 577?
S 577 is sponsored by Kennedy, John (Republican), Capito, Shelley Moore (Republican), Peters, Gary C. (Democratic), Warnock, Raphael G. (Democratic), Smith, Tina (Democratic), and Ricketts, Pete (Republican).
What is the current status of S 577?
This bill is in committee in the Senate. Introduced February 13, 2025. It must pass committee before a floor vote.
Where can I track S 577?
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Last checked for changes 3 months ago · updated continuously

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