Peach Tree Times

State Representative Dar’shun Kendrick (D-Lithonia) recently attended the National Future Summit, a bipartisan conference for Gen Z and millennial lawmakers, in Washington D.C. During her visit, she met with U.S. Senator Raphael Warnock at his office to advocate for H.R. 2799, the Expanding Access to Capital Act.

“My time in D.C. has been extremely productive,” said Rep. Kendrick. “I would like to thank Senator Warnock and his team for allowing me to speak on and advocate for the passage of H.R. 2799, a venture capital bill that would expand the number of investors from 250 to 600 and the assets under management (AUM) from $10 to $150 million for qualifying venture capital funds. Senator Warnock is one of my Georgia U.S. Senators who serves on the Senate Banking, Housing and Urban Affairs Committee, where this legislation was assigned.”

Rep. Kendrick urges Georgians to contact their U.S. senator and ask them to support H.R. 2799 and request that the legislation be called for a vote in the U.S. Senate Banking, Housing and Urban Affairs Committee.

“This legislation will tremendously help many emerging fund managers with access to capital and promote economic justice all around for those seeking to get into the private capital markets and build generational wealth,” added Rep. Kendrick. “I previously worked for two members of Congress as a Congressional Black Caucus Foundation, Inc., fellow, and now, as I go into my eighth term as member of the Georgia House of Representatives, I will continue to fight for not only criminal justice reform but economic justice reform on every level. If public policy has been used in the past to advance the wealth of others, public policy can be used again to make sure all Americans have access to generational wealth.”