S4764-118

Introduced

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

118th Congress Introduced Jul 24, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Agriculture.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H79839B1D9A2E44198134D6C8E51E4C8C: 1. Short title This Act may be cited as the Coordinated Support for Rural Small Businesses Act.
  • Section idF4F0858185694148A1F77E03AC4122CA: 2. Office of Rural Affairs of the Small Business Administration Section 26 of the Small Business Act (15 U.S.C. 653) is amended— by redesignating subsections...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Agriculture

Primary Purpose

This bill, To amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Agriculture

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

Introduced
Introduced Committee Passed
Jul 24, 2024

Mrs. Shaheen (for herself and Mr. Kennedy) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Government Operations Agriculture
Actor Mappings
"administrator_of_sba"
→ Administrator of the Small Business Administration

Key Definitions

Terms defined in this bill

1 term
"rural small business concern" §idF4F0858185694148A1F77E03AC4122CA

a small business concern located in a rural area. in subsection (b), as so redesignated— by inserting Establishment.— before There

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology