Promoting Opportunities for Non-Traditional Capital Formation Act

Sponsor

Summary

Promoting Opportunities for Non-Traditional Capital Formation ActThis 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.

Source: Congressional Research Service via Congress.gov · as of Jul 11, 2026

How it has moved

1. June 24, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2. June 23, 2025Motion to reconsider laid on the table Agreed to without objection.
3. June 23, 2025On 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)
4. June 23, 2025Passed/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)
5. June 23, 2025Considered as unfinished business. (consideration: CR H2879)
6. June 23, 2025At 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.
7. June 23, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
8. June 23, 2025Considered under suspension of the rules. (consideration: CR H2875-2876)
9. June 23, 2025Mr. Downing moved to suspend the rules and pass the bill, as amended.
10. June 3, 2025Placed on the Union Calendar, Calendar No. 87.