HR3422: Promoting Opportunities for Non-Traditional Capital Formation Act
119th Congress (2025–2027) · House bill · Sponsor: Rep. Waters, Maxine [D-CA-43]

119th Congress (2025–2027) · House bill · Sponsor: Rep. Waters, Maxine [D-CA-43]
| Item | Detail |
|---|---|
| Roll-call votes | 1 |
| Chamber | House |
| Latest vote | 2025-06-23: Passed |
| Latest action | 2025-06-24: 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 |
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.
Subjects: Business investment and capital, Economic development, Economic performance and conditions, Natural disasters, Rural conditions and development, Small business
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 |
|---|---|---|---|---|---|---|---|
| 2025-06-23 | House | 2/3 Yea-And-Nay | Passed | 320 | 85 | 22 | Official tally |
HR3422 (Promoting Opportunities for Non-Traditional Capital Formation Act) was introduced in the 119th Congress (2025–2027) by Rep. Waters, Maxine [D-CA-43].
On 2025-06-24: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
1 recorded vote in the 119th Congress. The most recent, on 2025-06-23, was "2/3 Yea-And-Nay": Passed.