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H.R. 1190

U.S. House•In Senate Committee

Summary

H.R. 1190, the Expanding Access to Capital for Rural Job Creators Act, was introduced in the House on Feb 11, 2025 by Rep. Troy Downing (R) with 5 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Jun 24, 2025: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

H.R. 1190 has 5 co-sponsors.

hb1190/engrossed-in-house.txt
119 HR 1190 EH: Expanding Access to Capital for Rural Job Creators Act
 U.S. House of Representatives
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 IB
 119th CONGRESS  1st Session
 H. R. 1190
 IN THE HOUSE OF REPRESENTATIVES
 AN ACT
To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes.
1.
Short title
This Act may be cited as the   Expanding Access to Capital for Rural Job Creators Act  .
2.
Access to capital for rural-area small businesses
Section 4(j) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78d(j) ) is amended—
(1)
in paragraph (4)(C), by inserting  , rural-area small businesses  after  women-owned small businesses ; and
(2)
in paragraph (6)(B)(iii), by inserting  , rural-area small businesses  after  women-owned small businesses .
    Passed the House of Representatives June 23, 2025.  Kevin F. McCumber,  Clerk.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-02-11
  2. Passed House2025-06-23
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Feb 11, 2025

hb1190/introduced-in-house.md

Shown Here:
Introduced in House (02/11/2025)

Expanding Access to Capital for Rural Job Creators Act

This 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.

Sponsors

Rep. Troy Downing (R) sponsors H.R. 1190, and 5 members have co-sponsored it, 3 of them from the day it was introduced.

Committees

H.R. 1190 went before 2 committees: Banking, Housing, and Urban Affairs and Financial Services.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Jun 24, 2025 · 465 Bills
Financial Services
Financial Services
Reported By · Jun 3, 2025 · 559 Bills

Reports

1 committee report has been filed on H.R. 1190, the latest H. Rept. 119-122.

Actions

H.R. 1190 has taken 13 actions since Feb 11, 2025, the latest on Jun 24, 2025.

ChamberAction
Jun 24, 2025
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Jun 23, 202517:12
House
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Jun 23, 202517:12
House
Considered under suspension of the rules. (consideration: CR H2873-2875)
Jun 23, 202517:12
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 1190.
Jun 23, 202517:24
House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2873-2874)

Votes

H.R. 1190 has not gone to a roll call.

1 bill is related to H.R. 1190, as Identical bill.

Titles

H.R. 1190 goes by 7 titles, 4 of them short titles.

  • To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes. — Official Titles from EH (Engrossed in House) bill text
  • Expanding Access to Capital for Rural Job Creators Act — Short Titles from RFS (Referred to Senate) bill text
  • Expanding Access to Capital for Rural Job Creators Act — Short Title(s) as Passed House
  • Expanding Access to Capital for Rural Job Creators Act — Short Title(s) as Reported to House
  • Expanding Access to Capital for Rural Job Creators Act — Display Title
  • Expanding Access to Capital for Rural Job Creators Act — Short Title(s) as Introduced
  • To amend the Securities Exchange Act of 1934 to expand access to capital for rural-area small businesses, and for other purposes. — Official Title as Introduced

Lobbying

2 clients hired 2 firms and 106 registered lobbyists who named H.R. 1190 in 8 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Small Business, Aerospace, Automotive Industry, Aviation/Airlines/Airports, Banking, Budget/Appropriations, Civil Rights/Civil Liberties, Copyright/Patent/Trademark.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia16—
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)—Virginia12—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.16—
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)12—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 106.

LobbyistFirmsClientsFilings
ABELARDO TORRES116
ALEXA BRANSON116
ANDREA PORWOLL116
ASHLEY GUM116
BRADLEY WATTS116
BRINCE MANNING116
BROOKE MILLER116
CASSIA CARVALHO116
CHAD WHITEMAN116
CHANTEL SHEAKS116
CHRISTOPHER CRENSHAW116
CHRISTOPHER EYLER116
CHRISTOPHER GUITH116
CHRISTOPHER ROBERTI116
CLARK JACKSON116
DAN BYERS116
ERIN DELANEY116
ESPERANZA JELALIAN116
FOXHALL PARKER116
GARY LITMAN116

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Amendme…
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 second_quarter$19.3M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 fourth_quarter$18M4th Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 second_quarter$17M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 third_quarter$13.7M3rd Quarter - Report
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)2025 second_quarter$65K2nd Quarter - Report
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)2025 third_quarter$55K3rd Quarter - Report

Classification

The Congressional Research Service files H.R. 1190 under Finance and Financial Sector, one of its 31 policy areas, and gives it 4 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 1190’s is Finance and Financial Sector.

hr1190/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 1190 carries 4 of CRS’s legislative subjects, from Business investment and capital to Small business.

hr1190/subjects.txt
Business investment and capitalRural conditions and developmentSecurities and Exchange Commission (SEC)Small business

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 1190, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 28 (Tuesday, February 11, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DOWNING:H.R. 1190.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H645]

Source: congress.gov · legiscan.com