S. 1093 · On the floor · Commerce

Coordinated Support for Rural Small Businesses Act

Sponsor: Jeanne Shaheen (D-NH)

What it does

• Upgrades the Office of Rural Affairs director to a Senior Executive Service Assistant Administrator appointed by the SBA Administrator.
• Requires the Assistant Administrator to host outreach events in various U.S. regions for rural small business concerns and invite SBA district offices, resource partners, and Federal and State agencies.
• Directs the Assistant Administrator to coordinate with the Department of Agriculture on capital access, lending programs, disaster assistance, and cooperative financing opportunities in rural areas.
• Requires the SBA Administrator to submit annually to Congress a report on the Office's operations, activities, budget, staffing, lending analysis, and interagency coordination efforts, within 180 days of enactment and thereafter.

Latest action

Apr 1, 2025: Placed on Senate Legislative Calendar under General Orders. Calendar No. 37.

Committee: Senate Small Business and Entrepreneurship