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Back to H.R. 1190
US Congress· H.R. 1190Passed the House

Expanding Access to Capital for Rural Job Creators Act in plain language

AI plain language2 sections
Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.

1: Short title

This section would let the Act be called the 'Expanding Access to Capital for Rural Job Creators Act.'

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Official text, verbatim from the record

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

This section would insert the phrase 'rural-area small businesses,' immediately after 'women-owned small businesses,' in two places: paragraph (4)(C) and paragraph (6)(B)(iii) of section 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 78d(j)). The bill text only gives the insertion instructions, not the surrounding text of paragraphs (4)(C) and (6)(B)(iii) themselves, so the specific rule, report requirement, or committee duty into which 'rural-area small businesses' is being added cannot be stated without that base statutory text.
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Official text, verbatim from the record

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, .

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