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A bill to amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes.

7/25/2024, 10:56 AM

Summary of Bill S 4764

Bill 118 s 4764, also known as the Small Business Act Enhancement Act, aims to improve the Office of Rural Affairs within the Small Business Administration. The bill seeks to enhance the resources and support available to small businesses in rural areas across the United States.

Specifically, the bill proposes to increase funding for the Office of Rural Affairs, allowing for the expansion of programs and services tailored to the unique needs of rural small businesses. This includes providing technical assistance, access to capital, and training opportunities to help rural entrepreneurs succeed.

Additionally, the bill aims to streamline the application process for rural small businesses seeking assistance from the Small Business Administration. By reducing bureaucratic hurdles and increasing efficiency, the bill hopes to make it easier for rural entrepreneurs to access the resources they need to grow and thrive. Overall, Bill 118 s 4764 is focused on empowering rural small businesses and strengthening the economic vitality of rural communities. By enhancing the Office of Rural Affairs and improving support services for rural entrepreneurs, the bill aims to foster growth and prosperity in underserved areas of the country.

Current Status of Bill S 4764

Bill S 4764 is currently in the status of Bill Introduced since July 24, 2024. Bill S 4764 was introduced during Congress 118 and was introduced to the Senate on July 24, 2024.  Bill S 4764's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of July 24, 2024

Bipartisan Support of Bill S 4764

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4764

Primary Policy Focus

Alternate Title(s) of Bill S 4764

A bill to amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes.
A bill to amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes.

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