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S. 3242 118th Congress Senate

ACCESS Rural America Act

Official title: A bill to amend the Securities Exchange Act of 1934 to revise the shareholder threshold for registration under that Act for issuers that receive support throug… Show full official titleShow less

Official title: A bill to amend the Securities Exchange Act of 1934 to revise the shareholder threshold for registration under that Act for issuers that receive support through certain Federal universal service support mechanisms, and for other purposes.

Introduced: November 7, 2023 Introduced by: Tammy Baldwin Democratic · Wisconsin See on congress.gov
Finance and Financial Sector Business investment and capitalBusiness recordsLicensing and registrationsRural conditions and development
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 5, 2024
Held at the desk.
Dec 5, 2024
Received in the House.
Dec 5, 2024
Message on Senate action sent to the House.
Dec 4, 2024
Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S6823)
Dec 4, 2024
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Dec 4, 2024
Measure laid before Senate by unanimous consent. (consideration: CR S6823)
Dec 4, 2024
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Nov 7, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 7, 2023
Introduced in Senate
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

1 agreed to

AmendmentSponsorPurposeStatusLatest action
SAMDT 3,311 Baldwin, Tammy In the nature of a substitute. Agreed to Dec 4, 2024
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 Latest action December 5, 2024

Held at the desk.

 Plain-English summary Congressional Research Service

Access to Capital Creates Economic Strength and Supports Rural America Act or the ACCESS Rural America Act

This bill increases the shareholder registration threshold for issuers receiving support through federal universal service support mechanisms, which provide communication services to underserved areas. The bill also requires these issuers to make available certain financial information to investors, such as a summary of their consolidated balance sheet.

 Related & companion bills 1
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 3
R
Cramer, Kevin
North Dakota · Nov 7, 2023
 R
Ernst, Joni
Iowa · Nov 7, 2023
 R
Grassley, Chuck
Iowa · Nov 7, 2023
Sinema, Kyrsten
· Nov 7, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3242: ACCESS Rural America Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-3242/
MLA
"S. 3242: ACCESS Rural America Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-3242/.
Bluebook (legal)
S. 3242, 118th Cong. (2026), https://openamerica.io/bill/118-S-3242/.
Markdown link
[S. 3242: ACCESS Rural America Act](https://openamerica.io/bill/118-S-3242/)
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