HR 2796
118th Congress
House
Commerce
Business investment and capital
Economic development
Economic performance and conditions
Natural disasters
Rural conditions and development
Small business
Promoting Opportunities for Non-Traditional Capital Formation Act
Introduced: April 24, 2023
Introduced by:
Waters, Maxine
Democratic
· California
See on congress.gov
Everywhere this bill has been
15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 31, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 30, 2023
Motion to reconsider laid on the table Agreed to without objection.
May 30, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 309 - 67 (Roll no. 240). (text: CR H2654-2655)
May 30, 2023
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): 309 - 67 (Roll no. 240). (text: CR H2654-2655)
May 30, 2023
Considered as unfinished business. (consideration: CR H2663-2664)
May 30, 2023
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.
May 30, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2796.
May 30, 2023
Considered under suspension of the rules. (consideration: CR H2654-2656)
May 30, 2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
May 30, 2023
Placed on the Union Calendar, Calendar No. 57.
May 30, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-78.
Apr 26, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 49 - 0.
Apr 26, 2023
Committee Consideration and Mark-up Session Held.
Apr 24, 2023
Referred to the House Committee on Financial Services.
Apr 24, 2023
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| May 30, 2023 | House · vote #240 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 309–67 | See who voted → |
Plain-English 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 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's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2