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United States · Bill · HR

H.R. 7977 (117th)

Promoting Opportunities for Non-Traditional Capital Formation Act

reportedUnited States· United States Congress· EN

Introduced

8 June 2022

Last action

Status

Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 24.

Sponsors

Subjects

Discovery layer

Source updated

15 May 2025

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 events to promote capital-raising options for underrepresented small businesses and businesses in rural areas, and (2) meet annually with representatives of state securities commissions to discuss opportunities for collaboration and coordination.

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3 official files

Introduced in House (text)

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