United States 118th Congress Status: Passed House 1 R cosponsors

HR 298 — Expanding Access to Capital for Rural Job Creators Act

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

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

This bill died with 118th Congress. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

In plain language

The bill aims to expand capital access for small businesses in rural areas.

This legislation amends the Securities Exchange Act of 1934 to include rural-area small businesses in several provisions. The goal is to improve their access to capital alongside women-owned small businesses.

What this means for you
  • Small Business: This means more opportunities for rural small businesses to access funding.

Summary

To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.

Bill Text

What changed in the latest version

6 added · 1 removed

Plain-language change summary

The changes to the bill include the addition of a line indicating that it was received in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs. Additionally, a line referring to the bill as "Engrossed in House (EH)" has been removed. This matters because it signifies the bill's progress from the House to the Senate for further consideration.

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298 Engrossed in House (EH)] <DOC> 118th CONGRESS 1st Session H.
298 Referred in Senate (RFS)] <DOC> 118th CONGRESS 1st Session H.
298 _______________________________________________________________________ AN ACT To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.
298 _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES January 31, 2023 Received;
read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ AN ACT To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.
Clerk.
CHERYL L.
118th CONGRESS 1st Session H.
JOHNSON, Clerk.
R.
298 _______________________________________________________________________ AN ACT To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.
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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 access to capital for rural-area small businesses by amending specific provisions of the Securities Exchange Act of 1934.

  • 15 U.S.C. 78d(j)

    rural-area small businesses,

    Adds rural-area small businesses to the list of entities mentioned in the capital access provision.

  • 15 U.S.C. 78d(j)

    rural-area small businesses,

    Inserts rural-area small businesses into another section to ensure they receive capital access similar to women-owned small businesses.

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Financial Services.

  4. Mr. McHenry moved to suspend the rules and pass the bill.

  5. Considered under suspension of the rules. (consideration: CR H502-504)

  6. DEBATE - The House proceeded with forty minutes of debate on H.R. 298.

  7. Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H503)

  8. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H503)

  9. Motion to reconsider laid on the table Agreed to without objection.

  10. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"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 HR 298 do?
To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.
Who sponsors HR 298?
HR 298 is sponsored by Mooney, Alexander X. (Republican).
What is the current status of HR 298?
This bill died with 118th Congress. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 298?
Track HR 298 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HR 298

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Last checked for changes 2 months ago · updated continuously

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