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Promoting Opportunities for Non-Traditional Capital Formation Act

Passed first chamber: it can still change before the session ends.

US HR 3422 · House Bill · 119th Congress

Stage
Passed first chamber
Started in
House
Sponsors
2
Latest action
Jun 24, 2025

What it does

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.

Official summary · Introduced in House · May 15, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    May 15, 2025

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Jun 24, 2025

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Promoting Opportunities for Non-Traditional Capital Formation Act | 52