United StatesBill would add rural small businesses to federal securities provisions
If enacted, rural small businesses would be listed alongside women-owned small businesses in two parts of the federal law governing securities markets.
What it does
Two parts of federal securities law would list rural small businesses alongside women-owned small businesses. The surrounding rules are not included, so their exact treatment is unclear.
Argument forThe change could help rural firms receive the same treatment these provisions give women-owned firms.
Argument againstThe bill does not define rural-area small businesses, which could cause uncertainty about which companies are covered.
More detail
Federal securities law would include rural small businesses in two listed places. The wording covers rural-area small businesses, but the bill does not define that term.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 14Message on Senate action sent to the House.Latest
- Sep 29Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.Minor
- Sep 29Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5185)Passed Senate
- 2025
- Jun 24Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jun 23Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
- Jun 23Considered under suspension of the rules. (consideration: CR H2873-2875)
- Jun 23DEBATE - The House proceeded with forty minutes of debate on H.R. 1190.
- Jun 23Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)Passed House
- Jun 23Motion to reconsider laid on the table Agreed to without objection.
- Jun 3Reported (Amended) by the Committee on Financial Services. H. Rept. 119-122.
- Jun 3Placed on the Union Calendar, Calendar No. 92.
- May 20Committee Consideration and Mark-up Session Held
- May 20Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
- Feb 11Introduced in House
- Feb 11Referred to the House Committee on Financial Services.Introduced
Economy & JobsConsumer ProtectionPublic Safety