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U.S. Senator Tina Smith Applauds Senate Passage of Her Bipartisan Bill to Help Small Businesses Access Capital, Create Jobs in Rural America
WASHINGTON – U.S. Senator Tina Smith (D-MN) applauded the Senate’s passage of her bipartisan Expanding Access to Capital for Rural Job Creators Act. The legislation, which is co-led by Senator John Kennedy (R-LA), would help eliminate hurdles small businesses in rural areas disproportionately face when they try to access capital. “Access to capital is essential to the economic health and growth of rural communities in Minnesota and across the country,” said Sen. Smith. “Rural small businesses often face disproportionate obstacles when trying to secure capital to develop and grow their businesses. This legislation would help rural small businesses overcome these hurdles and strengthen our rural economies.” Access to capital is critical for starting and expanding rural small businesses, which often face a disproportionate number of obstacles when seeking capital investment. This bipartisan legislation, the Expanding Access to Capital for Rural Job Creators Act, would require the Securities and Exchange Commission to submit annual reports on the unique challenges small businesses in rural areas face when trying to secure capital. The report would outline roadblocks and identify solutions to ensure rural small businesses, and the local economies they support, are able to develop and grow. Senators Gary Peters (D-MI), Raphael Warnock (D-GA), Shelley Moore Capito (R-WV) and Jacky Rosen (D-NV) also cosponsored the legislation.
U.S. Senator Tina Smith’s Legislation to Tackle Drug Shortages, Improve Public Health Preparedness Advances Through Key Committee
WASHINGTON, D.C. [8.4.23] –U.S. Senator Tina Smith (D-MN) announced that two of her legislative priorities, aimed at addressing drug shortages and improving public health preparedness, took a major step forward. “Drug shortages are hurting patients, pharmacists, and physicians across the country,” said Senator Smith. “I have heard directly from Minnesotans who are facing shortages of ADHD medications like Adderall, cancer-fighting drugs for chemotherapy, among other things. These drug shortages can be life-threatening, and I’ve made it a priority to tackle this problem. In addition, I’m focused on ensuring we are prepared for future public health threats. My bipartisan legislation will improve the FDA’s responsiveness when medication demand outpaces the supply, and help improve our ability to rapidly develop and distribute diagnostic tests in the event of a disease outbreak. I’m glad to see these priorities included in this important legislation.” The Pandemic and All-Hazards Preparedness and Response Act is essential legislation that reauthorizes key public health and emergency preparedness programs. Current funding expires on September 30th. Millions of Americans have been affected by shortages of chemotherapy drugs, commonly-used antibiotics, pediatric formulations of medications like ibuprofen, and other essential drugs. Pieces of Senator Smith’s legislation, which have been included in the reauthorization, will help address these shortages and bolster public health preparedness. Senator Smith’s provisions include:
U.S. Senator Tina Smith Helps Push Bill to Ensure Pregnant Mothers Can Get Affordable Health Care Both During and After Pregnancy
WASHINGTON, D.C. [05/15/19]– U.S. Senator Tina Smith (D-MN) today joined an effort to ensure that all expectant mothers get the health care services they need both during and after pregnancy by cosponsoring the Healthy Maternal and Obstetric Medicine (Healthy MOM) Act. Sen. Smith said the measure would ensure that all women eligible for coverage through the Affordable Care Act insurance marketplaces, as well as women eligible for other individual or group health plan coverage, can access affordable health coverage throughout their pregnancies. Currently, marriage, divorce, having a baby, adoption and changing jobs are considered a qualifying life event that
U.S. Senator Tina Smith in Senate Speech: “Why I’m Sharing My Experience with Depression”
WASHINGTON, D.C. [05/15/19]—Today, U.S. Senator Tina Smith (D-Minn.) took to the Senate floor to share her own mental health story as part of her push to make access to mental health care for Minnesotans and Americans a top priority. In her speech, Sen. Smith—a member of the Senate Health Committee—shared her own experiences with depression earlier in life, and highlighted the need to provide mental health support to people at every age across the nation in both rural and urban areas, no matter what zip code they live in. “That’s my story. Really, it’s the story of millions of
U.S. Senator Tina Smith Calls for Action to Protect Homebuyers from Predatory Lending
WASHINGTON, D.C. [05/13/19]—U.S. Senator Tina Smith (D-Minn.) is calling on the Consumer Financial Protection Bureau (CFPB)—to improve protections for Minnesotans and Americans purchasing manufactured homes, after hearing from multiple consumer advocates that unwitting home buyers are often steered toward higher-cost loans. Sen. Smith—a member of the Senate Banking, Housing, and Urban Affairs—and eight of her Senate colleagues highlighted the lack of transparency manufactured homebuyers face when it comes to lending practices in a letter to CFPB Director Kathy Kraninger. The letter was led by Sen. Catherine Cortez Masto (D-Nev.). “Typically, the majority of consumers who have not
Klobuchar Introduces Legislation to Provide Relief to Those Caring for Aging Relatives
WASHINGTON D.C. [05/10/2019] – U.S. Senator Amy Klobuchar (D-MN) reintroduced the Americans Giving Care to Elders (AGE) Act to provide financial relief to caregivers by creating a tax credit for the costs of caring for an aging relative. The AGE Act would allow families to qualify for a tax credit to help offset expenses—ranging from purchasing assistive technologies and devices, respite care, to making necessary home modifications—of up to $6,000 per year. Klobuchar first introduced the AGE Act in 2015. The bill is co-sponsored by Senators Mazie K. Hirono (D-HI), Tina Smith (D-MN), and Dianne Feinstein (D-CA). “We know that caregiving can be extremely expensive—especially when family
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