By Greenville Leader |
Mar 8, 2024
The House of Representatives passed H.R. 2799 - Expanding Access to Capital Act, by a vote of 212-205, in a move to help small businesses and entrepreneurs access more capital. The bill, which includes Congressman William Timmons' (SC-04) ICAN Act, aims to facilitate capital formation by strengthening public markets and creating new opportunities for investors.In a statement, Rep. William Timmons highlighted the importance of the legislation, stating, "Three-quarters of venture capital supports entrepreneurs in just three states: California, Massachusetts, and New York."...