Promoting Opportunities for Non-Traditional Capital Formation Act
- Last Action
- 6/24/2025
Actions
- 2025-06-24Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-06-23Motion to reconsider laid on the table Agreed to without objection.
- 2025-06-23On 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)
- 2025-06-23Passed/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)
- 2025-06-23Considered as unfinished business. (consideration: CR H2879)
- 2025-06-23At 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.
- 2025-06-23DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
- 2025-06-23Considered under suspension of the rules. (consideration: CR H2875-2876)
- 2025-06-23Mr. Downing moved to suspend the rules and pass the bill, as amended.
- 2025-06-03Placed on the Union Calendar, Calendar No. 87.
- 2025-06-03Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
- 2025-06-03Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
- 2025-05-20Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
- 2025-05-20Committee Consideration and Mark-up Session Held
- 2025-05-15Referred to the House Committee on Financial Services.
Showing 15 of 17 actions. Full history on Congress.gov.
CRS Summary
As of 2025-05-15 (00)
Promoting Opportunities for Non-Traditional Capital Formation Act
This bill expands the functions of the Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation.
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.
Cosponsors (1)
- Ann Wagner (R-MO)
Subjects
- Business investment and capital
- Economic development
- Economic performance and conditions
- Natural disasters
- Rural conditions and development
- Small business
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.