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HR3422: Promoting Opportunities for Non-Traditional Capital Formation Act
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HR3422: Promoting Opportunities for Non-Traditional Capital Formation Act

119th Congress (2025–2027) · House bill · Sponsor: Rep. Waters, Maxine [D-CA-43]


Key facts

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

What the bill does

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


Roll-call votes on HR3422 (119th 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
2025-06-23 House 2/3 Yea-And-Nay Passed 320 85 22 Official tally

Frequently asked

What is HR3422 in the 119th Congress?

HR3422 (Promoting Opportunities for Non-Traditional Capital Formation Act) was introduced in the 119th Congress (2025–2027) by Rep. Waters, Maxine [D-CA-43].

What is the latest action on HR3422?

On 2025-06-24: 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 HR3422?

1 recorded vote in the 119th Congress. The most recent, on 2025-06-23, was "2/3 Yea-And-Nay": Passed.