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S. 577

U.S. Senate•In Senate Committee

Summary

S. 577, the Expanding Access to Capital for Rural Job Creators Act, was introduced in the Senate on Feb 13, 2025 by Sen. John Kennedy (R) with 5 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Feb 13, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

S. 577 has 5 co-sponsors.

sb577/introduced-in-senate.txt
119 S577 IS: Expanding Access to Capital for Rural Job Creators Act
 U.S. Senate
 2025-02-13
 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.
 II  119th CONGRESS  1st Session  S. 577  IN THE SENATE OF THE UNITED STATES   February 13, 2025   Mr. Kennedy  (for himself,  Mrs. Capito ,  Mr. Peters , and  Mr. Warnock ) introduced the following bill; which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs    A BILL
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, .

Tracker

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

  1. Introduced2025-02-13
  2. Passed Senate
  3. Passed House
  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 Senate Feb 13, 2025

sb577/introduced-in-senate.md

Shown Here:
Introduced in Senate (02/13/2025)

Sponsors

Sen. John Kennedy (R) sponsors S. 577, and 5 members have co-sponsored it, 3 of them from the day it was introduced.

Committees

S. 577 went before 1 committee: Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Feb 13, 2025 · 465 Bills

Actions

S. 577 has taken 2 actions since Feb 13, 2025.

ChamberAction
Feb 13, 2025
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Feb 13, 2025
—
Introduced in Senate

Votes

S. 577 has not gone to a roll call.

1 bill is related to S. 577, as Identical bill.

Titles

S. 577 goes by 3 titles, 1 of them short titles.

  • Expanding Access to Capital for Rural Job Creators Act — Display Title
  • A bill 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
  • Expanding Access to Capital for Rural Job Creators Act — Short Title(s) as Introduced

Lobbying

1 client hired 1 firm and 101 registered lobbyists who named S. 577 in 5 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 Aerospace, Automotive Industry, Aviation/Airlines/Airports, Banking, Budget/Appropriations, Civil Rights/Civil Liberties, Copyright/Patent/Trademark, Defense.

Clients

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

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia15—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.15—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 101.

LobbyistFirmsClientsFilings
ABELARDO TORRES115
ALEXA BRANSON115
AMANDA MAYS115
ANDREA PORWOLL115
ASHLEY GUM115
BRADLEY WATTS115
BRINCE MANNING115
BROOKE MILLER115
CASSIA CARVALHO115
CHAD WHITEMAN115
CHANTEL SHEAKS115
CHRISTOPHER CRENSHAW115
CHRISTOPHER EYLER115
CHRISTOPHER GUITH115
CHRISTOPHER ROBERTI115
CLARK JACKSON115
DAN BYERS115
ERIN DELANEY115
ESPERANZA JELALIAN115
FOXHALL PARKER115

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 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

Classification

The Congressional Research Service files S. 577 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; S. 577’s is Finance and Financial Sector.

s577/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

S. 577 carries 4 of CRS’s legislative subjects, from Business investment and capital to Small business.

s577/subjects.txt
Business investment and capitalRural conditions and developmentSecurities and Exchange Commission (SEC)Small business

Source: congress.gov · legiscan.com