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HR 3422 119th 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: May 15, 2025 Introduced by: Waters, Maxine Democratic · California See on congress.gov
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 23, 2025
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, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jun 23, 2025
Considered as unfinished business. (consideration: CR H2879)
Jun 23, 2025
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, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
Jun 23, 2025
Considered under suspension of the rules. (consideration: CR H2875-2876)
Jun 23, 2025
Mr. Downing moved to suspend the rules and pass the bill, as amended.
Jun 3, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
Jun 3, 2025
Placed on the Union Calendar, Calendar No. 87.
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
May 20, 2025
Committee Consideration and Mark-up Session Held
May 15, 2025
Introduced in House
May 15, 2025
Referred to the House Committee on Financial Services.
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 23, 2025 House · vote #174 On Motion to Suspend the Rules and Pass, as Amended Passed 32187 See who voted →
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 Plain-English summary Congressional Research Service

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's happening now June 24, 2025

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

 Hearings & markups 1
  • Various Measures
    Markup May 20, 2025 · 10:00 AM EDT · Financial Services Committee
 Related & companion bills 1
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 6

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3422: Promoting Opportunities for Non-Traditional Capital Formation Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3422/
MLA
"H.R. 3422: Promoting Opportunities for Non-Traditional Capital Formation Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3422/.
Bluebook (legal)
H.R. 3422, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3422/.
Markdown link
[H.R. 3422: Promoting Opportunities for Non-Traditional Capital Formation Act](https://openamerica.io/bill/119-HR-3422/)
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