WASHINGTON, D.C. – Chief Deputy Whip Peter Roskam (IL-06), issued the following statement after the House passed H.R. 2940 – the Access to Capital for Job Creators Act – to increase accessibility to capital for small businesses to allow for growth and job creation. The legislation, introduced by Majority Whip Kevin McCarthy, would free potential small business investors from paying high registration costs with the Securities and Exchange Commission (SEC).

“The House has passed yet another bipartisan solution that removes barriers to job creation for small businesses and entrepreneurs. The Access to Capital for Job Creators Act would ensure small businesses have additional access to capital they need to keep our economy moving. By reducing excessive Washington-imposed regulations, businesses will be able to grow and innovative, bolstering the pro-growth environment needed to improve the economy and create jobs. Instead of continuing to play politics, I urge Senate Democrats to vote on this promptly, as well as the “Forgotten 15” jobs bills that remain stalled in the Senate.”