WASHINGTON – Yesterday, Congressman Rick Crawford (R-AR) voted for two House measures that will give small businesses and startup companies more access to capital.
“Today the House helped entrepreneurs and small business owners gain access the capital they need to be innovative and ultimately create jobs. Small businesses, not the federal government, are the primary source of job creation,” said Crawford.
The two bills passed by the House today are:
• H.R. 2940, The Access to Capital for Job Creators Act, eases a ban by the Securities and Exchange Commission that prevents small, privately held companies, from advertising for investors.
• H.R. 2930, The Entrepreneur Access to Capital Act, improves access to capital for small businesses and ensures that government is allowing small businesses to obtain the investment capital they need to finance their operations.
“H.R. 2940 enables small businesses to advertise to potential investors while H.R. 2930 gives all Americans the freedom to invest in cutting edge startup companies without having to go through Wall Street,” said Crawford. “These common sense bills will help put our country on the road to sustained economic prosperity.”
House bills will give small businesses greater access to capital