Dear john,
Today, I introduced the Expanding Access to Capital for Rural Job Creators Act to survey the problems small businesses in rural areas face when attempting to access capital. Joining me as original co-sponsors were Congressman Alex X. Mooney (R-WV-2) and Congressman Chris Pappas (D-NH-1).
Small businesses, and the entrepreneurs behind them, are the backbone of South Texas’ economy. I helped introduce the Expanding Access to Capital for Rural Job Creators Act to help rural small businessowners access the capital they need to start and grow their businesses.
This legislation would require the Securities and Exchange Commission to submit an annual report on the capital challenges rural small businesses face and enable Congress to determine if legislative action is needed. Current law requires reports for challenges encountered by minority-owned small businesses, women-owned small businesses, and small businesses affected by natural disasters.
Job creation remains a priority of mine in Congress; this Act will ensure we continue to create good-paying jobs across the 28th Congressional District of Texas, and the country.
