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Small Business Report: 4/7

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President Obama signed a new small business bill that jobs act into law at a White House ceremony.

The legislation is intended to help small firms and entrepreneurs raise capital it grow faster.

And hire more workers.

The business owners who want to take their companies to the next level.

This bill will make it easier for you to go public.

That's a big deal because going public as a major step towards expanding and hiring more workers.

Big deal for investors as well because public companies operate with greater oversight and greater transparency.

The package includes measures that would allow small firms to -- public more easily and at lower cost.

Another provision would lift a ban on entrepreneurs from soliciting investors through advertising.

And there's a provision to allow more private investors up to 2002.

Investing community banks without SEC registration.

The bill passed congress with overwhelming bipartisan support.

This bill tries to make it a little easier for the small business men and women.

Who want to seek investors who want to build their business and to retain and to hire more people.

Cantor says house Republicans were introduced a new small business tax cut bill in the middle of April.

That's it for this edition of the small business report I'm Peter Barnes Fox Business Network.