DOWNING'S BIPARTISAN BILL TO EXPAND CAPITAL ACCESS FOR RURAL JOB CREATORS PASSES SENATE, HEADS TO PRESIDENT'S DESK

Washington, Sept. 30 -- Congressman Troy Downing issued the following press release:

WASHINGTON, D.C. - This week, the U.S. Senate passed H.R. 1190, Congressman Troy Downing's bipartisan Expanding Access to Capital for Rural Job Creators Act. The legislation would help rural small businesses overcome barriers to accessing capital. The bill updates the Securities Exchange Act of 1934 by requiring the SEC's Office of the Advocate for Small Business Capital Formation to report annually on the unique challenges rural businesses face when seeking investment. These reports will give Congress better information as it considers ways to improve access to capital for rural job creators. "Rural small businesses are essential to communities across Mon...