Promoting Opportunities for Non-Traditional Capital Formation Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 15, 2025)
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.
What just happenedJun 24, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Referred in SenateJun 24, 2025
- Engrossed in HouseJun 23, 2025
- Reported in HouseJun 3, 2025
- Introduced in HouseMay 15, 2025
- Jun 24, 2025IntroReferral
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jun 23, 2025FloorH38310
Motion to reconsider laid on the table Agreed to without objection.
- Jun 23, 2025FloorH37300
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)
- Jun 23, 2025Floor8000
Passed/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)
- Jun 23, 2025FloorH30000
Considered as unfinished business. (consideration: CR H2879)
- Jun 23, 2025FloorH37220
At 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 23, 2025FloorH8D000
DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
- Jun 23, 2025FloorH30000
Considered under suspension of the rules. (consideration: CR H2875-2876)
- Jun 23, 2025FloorH30300
Mr. Downing moved to suspend the rules and pass the bill, as amended.
- Jun 3, 2025CalendarsH12410
Placed on the Union Calendar, Calendar No. 87.
- Jun 3, 2025CommitteeH12200
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
Financial Services Committee - Jun 3, 2025Committee5000
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
Financial Services Committee - May 20, 2025Committee
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
Financial Services Committee - May 20, 2025Committee
Committee Consideration and Mark-up Session Held
Financial Services Committee - May 15, 2025IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - May 15, 2025IntroReferralIntro-H
Introduced in House
- May 15, 2025IntroReferral1000
Introduced in House