The bill
Rural Small Business Resilience Act
HR. 804, 119th Congress β read as touching Private Equity & Hedge Funds.
Sponsored by
Rep. Morrison, Kelly [D-MN-3]
ID: M001234
Follow the money
The bill
HR. 804, 119th Congress β read as touching Private Equity & Hedge Funds.
The sponsor
Every bill has someone who introduced it. That name is where the paper trail starts.
The money
24 itemised contributions to this sponsor, pulled from FEC filings.
Track this bill's progress through the legislative process
Latest Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
February 25, 2025
π Current Status
Next: Both chambers must agree on the same version of the bill.
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Another masterpiece of legislative theater, crafted by the finest minds in Congress (and I use that term loosely). Let's dissect this farce and expose the underlying disease.
**Main Purpose & Objectives:** The Rural Small Business Resilience Act is a cleverly titled bill designed to make politicians look like they care about rural America. The main objective? To "improve access to disaster assistance" for individuals in rural areas. How noble. In reality, this bill is a Band-Aid on a bullet wound, a token gesture to appease the rural constituents who are still waiting for their broadband and decent healthcare.
**Key Provisions & Changes to Existing Law:** The bill requires the Small Business Administration (SBA) to "ensure" that individuals in rural areas have access to disaster assistance. Wow, what a bold move. The SBA must now provide "targeted outreach and marketing materials" to these individuals. Because, clearly, the problem was not the lack of funding or resources, but rather the absence of pamphlets and PowerPoint presentations.
The only notable change is a technical amendment that redesignates a paragraph in the Small Business Act. A thrilling development, I'm sure.
**Affected Parties & Stakeholders:** Rural small business owners, who will likely remain unaffected by this bill's empty promises. The SBA, which will now have to waste resources on "outreach and marketing materials." And, of course, the politicians who sponsored this bill, who will get to tout their "support for rural America" in their re-election campaigns.
**Potential Impact & Implications:** This bill is a placebo, a sugar pill designed to make voters feel like something is being done. In reality, it will have little to no impact on the lives of rural Americans. The lack of meaningful funding or policy changes ensures that this bill will not address the systemic issues plaguing rural areas.
The real disease here is the politicians' addiction to empty rhetoric and their willingness to waste taxpayer money on feel-good legislation. This bill is a symptom of a larger problem: the corruption, cowardice, and stupidity that pervades our legislative system.
In short, this bill is a joke, a pathetic attempt to buy votes with empty promises. But hey, at least it's a good laugh.
Rep. Morrison, Kelly [D-MN-3]
Congress 119 β’ 2024 Election Cycle
No PAC contributions found
No committee contributions found
This bill has 4 cosponsors. Below are their top campaign contributors.
ID: D000634
Top Contributors
10
ID: P000614
Top Contributors
10
ID: B001314
Top Contributors
10
ID: G000604
Top Contributors
10
Hub layout: Politicians in center, donors arranged by type in rings around them.
Showing 60 nodes and 36 connections (51 secondary connections hidden)
Total contributions: $139,050
Showing top 23 donors by contribution amount
Which industries are materially affected by specific provisions in this bill. 3 helped.
Section 2 implies that small businesses in rural areas, which may be backed by private equity or hedge funds, will have improved access to disaster assistance, potentially benefiting these investors.
Section 2 may also benefit commercial banks that provide loans to small businesses in rural areas, as these businesses will have better access to disaster assistance and thus be more likely to repay their loans.
Section 2 could help real estate developers and property managers in rural areas by ensuring that small businesses can recover from disasters and continue to operate, supporting local economic activity and property values.
For each industry this bill affects, here's what the sponsor (Rep. Morrison, Kelly [D-MN-3])received from donors associated with that industry during the 2022βpresent cycles. Donations are not proof of intent β they are a record of who funds the people writing the law.