A senate committee must act next: committee consideration.
Legislative Progress
Senate
House
President
Law
Could go either way
Bipartisan support from senators in rural states helps this bill, but it still needs to compete for time on the busy Senate calendar.
Key Points
This bill lets small rural telephone companies that provide high-speed internet skip some expensive federal reporting rules. To qualify, a company and its partners must have fewer than 100,000 total internet customers.
Instead of full SEC registration, these companies would provide a simpler yearly financial summary to their investors and the government. This report would include basic financial details and the number of people using their internet service.
The plan aims to help local internet providers save money on legal and accounting costs. By reducing paperwork, these companies can focus their budget on improving internet speeds and coverage in rural communities.
This change applies to companies that have more than 500 regular investors but fewer than 2,000 total investors. It is designed to help community-owned companies stay independent without facing the same regulations as giant national corporations.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Jul 15, 2026Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Jul 15, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Source Information
Document Type
Congressional Bill
Official Title
ACCESS Rural America Act
Bill NumberS 5003
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
