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United States · Bill · HR

H.R. 3422 (119th)

Promoting Opportunities for Non-Traditional Capital Formation Act

referredUnited States· United States Congress· EN

Introduced

15 May 2025

Last action

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Status

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

Sponsors

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Subjects

Discovery layer

Source updated

20 August 2026

Summary

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.

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Documents

5 official files

Referred in Senate

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