United StatesPromoting Opportunities for Non-Traditional Capital Formation Act
What it does
This bill expands the functions of the Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation.
More detail
Specifically, the office must (1) provide educational resources and host (or participate in) events to promote capital-raising options for underrepresented small businesses, businesses in rural areas, and businesses affected by natural disasters; and (2) meet annually with representatives of state securities commissions to discuss opportunities for collaboration and coordination.
Where do you stand?
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 24Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Latest
- Jun 23Mr. Downing moved to suspend the rules and pass the bill, as amended.
- Vote recorded On Motion to Suspend the Rules and Pass, as Amended. Result: Passed.House
- Jun 23Considered under suspension of the rules. (consideration: CR H2875-2876)
- Jun 23DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
- Jun 23At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- Jun 23Considered as unfinished business. (consideration: CR H2879)
- Jun 23Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 87 (Roll no. 174). (text: CR H2875)Passed House
- Jun 23Motion to reconsider laid on the table Agreed to without objection.
- Jun 3Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
- Jun 3Placed on the Union Calendar, Calendar No. 87.
- May 20Committee Consideration and Mark-up Session Held
- May 20Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
- May 15Introduced in House
- May 15Referred to the House Committee on Financial Services.Introduced