Joyce proposes bipartisan bill to ramp up rural community investments

 Joyce proposes bipartisan bill to ramp up rural community investments

U.S. Rep. Dave Joyce (R-OH) on Oct. 8 sponsored a bipartisan bill to incentivize capital investments in America’s rural communities.

“Small businesses are the lifeline of the Buckeye economy, employing more than 2.2 million Ohioans,” Rep. Joyce said. “Unfortunately, small businesses located in rural areas of our state face unique challenges in accessing capital. It’s critical that we do everything possible to ensure these businesses don’t get left behind as we work to recover from the pandemic.”

The Rural Capital Access Act, H.R. 5521, which Rep. Joyce introduced with original cosponsor U.S. Rep. Jared Golden (D-ME), would expand the ability of the Small Business Investment Companies (SBIC) to invest in rural small businesses and improve participation in the Rural Business Investment Company (RBIC) program. 

“My bill will help…

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