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Promoting Opportunities for Non-Traditional Capital Formation Act (H.R. 3422)

Referred to Committee
Introduced 5/15/2025•119th Congress•House
Congress.gov

Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

6/24/2025 • Senate

Summary

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.

Introduced in House • 5/15/2025

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Topics & Subjects

Policy Area: Commerce
Business investment and capitalEconomic developmentEconomic performance and conditionsNatural disastersRural conditions and developmentSmall business

Congressional Votes (1)

PassedHouse • Roll Call #174

On Motion to Suspend the Rules and Pass, as Amended

June 23, 2025

321
Yea
87
Nay
0
Present
23
Not Voting
D YeaR YeaD NayR NayNot Voting
Democrats
199 Yea / 0 Nay
Republicans
122 Yea / 87 Nay
Independents
0 Yea / 0 Nay
View all 435 member votes →

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

R[
Rep. Waters, Maxine [D-CA-43]

Democrat • CA-43

Sponsored 5/15/2025

Cosponsors (1)

R[
Rep. Wagner, Ann [R-MO-2]

R-MO-2

Joined 5/19/2025

Bill Journey

Originated in the House

Introduced

May 15, 2025

Committee Review

May 20, 2025

Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.

Floor Debate

June 23, 2025

Passed Chamber

June 23, 2025

Other Chamber

President

Enacted into Law

Text Versions (4)

Referred in Senate6/24/2025
Formatted TextPDFFormatted XML
Engrossed in House6/23/2025
Formatted TextPDFFormatted XML
Reported in House6/3/2025
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Introduced in House5/15/2025
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Committee Reports (1)

H. Rept. 119-117

Related Bills (1)

H.R. 6567

Federal Food Administration Act of 2025

IdenticalView bill →

Committees

Banking, Housing, and Urban Affairs Committee

Senate

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Financial Services Committee

House

View committee →

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors1
View on Congress.gov

Sources and method

· Record updated Aug 20, 2026
  • Congress.govLibrary of Congress
    Status, actions, sponsors, cosponsors, committees and text
    Record updated Aug 20, 2026 · Loaded Nov 1, 2026, 1:26 AM ET
  • CRS bill summaryCongressional Research Service, via Congress.gov
    Official summary
    Summary of the “Introduced in House” version, May 15, 2025 · Loaded Nov 1, 2026, 1:26 AM ET
  • House roll-call votesOffice of the Clerk, U.S. House of Representatives
    Roll-call results on this bill
    Latest roll call Jun 23, 2025 · Loaded Nov 1, 2026, 1:26 AM ET
  • USAspending.govU.S. Department of the Treasury
    Related Federal Spending section
  • FEC filingsFederal Election Commission
    Funding & Lobbying section
  • Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the House
    Funding & Lobbying section

All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →

AI-written text on this page is labeled where it appears. It is written from the sources above and is not a source itself. How we analyze data →

Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.

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