118th Congress · SENATE BILLBILL

S. 3242ACCESS Rural America Act

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.

Finance and financial sector
Introduced Nov 7, 2023
Last action Dec 5, 2024
Pipeline · Bill → Law
Step 1
Introduced
Nov 7, 2023
Step 2
Referred
Nov 7, 2023
Banking, Housing, and Urban Affairs
Step 3
Committee
Dec 4, 2024
Step 4
Senate
Dec 4, 2024
Passed Senate w/ Changes
Step 5
House floor
Moves to House
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

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.

Provisions · 2 sectionsEngrossed in Senate
Timeline · 8 actions
Dec 5, 2024
Message on Senate action sent to the House.
Dec 5, 2024
Received in the House.
Dec 5, 2024
Held at the desk.
Dec 4, 2024
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Dec 4, 2024
Measure laid before Senate by unanimous consent.
Dec 4, 2024
Passed Senate with an amendment by Unanimous Consent.
Nov 7, 2023
Introduced in Senate
Nov 7, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.