H.R. 3422119th CongressHouse Bill

Promoting Opportunities for Non-Traditional Capital Formation Act

Passed the House

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.

Introduced May 15, 2025Last action Jun 23, 2025
Introduced in HouseMay 15, 2025
Reported by CommitteeMay 20, 2025
Passed HouseJun 23, 2025
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Senate consideration

Being considered by the Senate

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Become Law

This house bill has been approved by the House of Representatives and is now before the Senate.

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