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HR2796: Promoting Opportunities for Non-Traditional Capital Formation Act (118th Congress)
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HR2796: Promoting Opportunities for Non-Traditional Capital Formation Act

118th Congress (2023–2025) · House bill · Sponsor: Rep. Waters, Maxine [D-CA-43]

This page covers HR2796 in the 118th Congress. Bill numbers start over every Congress, so HR2796 in another Congress is a different bill.


Key facts

Item Detail
Roll-call votes 1
Chamber House
Latest vote 2023-05-30: Passed
Latest action 2023-05-31: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area Commerce
Official record Congress.gov

What the bill 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 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.

Subjects: Business investment and capital, Economic development, Economic performance and conditions, Natural disasters, Rural conditions and development, Small business


Roll-call votes on HR2796 (118th Congress)

Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.

Date Chamber Question Result Yea Nay Not voting Record
2023-05-30 House 2/3 Yea-And-Nay Passed 264 53 46 Official tally

Frequently asked

What is HR2796 in the 118th Congress?

HR2796 (Promoting Opportunities for Non-Traditional Capital Formation Act) was introduced in the 118th Congress (2023–2025) by Rep. Waters, Maxine [D-CA-43].

What is the latest action on HR2796?

On 2023-05-31: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

How many roll-call votes were held on HR2796?

1 recorded vote in the 118th Congress. The most recent, on 2023-05-30, was "2/3 Yea-And-Nay": Passed.