Cosponsor
Sign in

HR 3422 · in committee · niche

Promoting Opportunities for Non-Traditional Capital Formation Act

What this bill does

  • The bill expands the SEC's small business capital formation office to help underrepresented and rural businesses raise money.
  • Small business owners, rural entrepreneurs, and disaster-affected companies benefit from new educational resources and events.
  • The office must meet annually with state regulators; no new funding amount is specified in the bill.

Generated by claude-haiku-4-5

Community Threads

Started by Cosponsor

  1. 01

    How would expanding the SEC's small business capital formation office specifically help rural entrepreneurs access funding compared to current resources?

  2. 02

    What outcomes should the annual meetings between the SEC office and state regulators produce to measure whether this expansion is effective?

  3. 03

    Why does the bill not specify a funding amount, and what risks might that create for implementing these new educational programs?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-CA-43

Maxine Waters

Citizen cosponsors

0

In Congress

1/ 435

House Reps cosponsoring

Introduced 2025-06-24

Joining the bill

Legislative timeline

  1. 2025-06-24 · senate · IntroReferral

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

  2. 2025-06-23 · house · Floor

    Motion to reconsider laid on the table Agreed to without objection.

  3. 2025-06-23 · house · Floor

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 87 (Roll no. 174). (text: CR H2875)

  4. 2025-06-23 · Floor

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 321 - 87 (Roll no. 174). (text: CR H2875)

  5. 2025-06-23 · house · Floor

    Considered as unfinished business. (consideration: CR H2879)

  6. 2025-06-23 · house · Floor

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  7. 2025-06-23 · house · Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.

  8. 2025-06-23 · house · Floor

    Considered under suspension of the rules. (consideration: CR H2875-2876)

  9. 2025-06-23 · house · Floor

    Mr. Downing moved to suspend the rules and pass the bill, as amended.

  10. 2025-06-03 · house · Calendars

    Placed on the Union Calendar, Calendar No. 87.

  11. 2025-06-03 · house · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.

  12. 2025-06-03 · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.

  13. 2025-05-20 · house · Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.

  14. 2025-05-20 · house · Committee

    Committee Consideration and Mark-up Session Held

  15. 2025-05-15 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  16. 2025-05-15 · IntroReferral

    Introduced in House

  17. 2025-05-15 · IntroReferral

    Introduced in House

Congress.gov ↗

Citizen comments

Sign in to comment on this bill.

No comments yet — be the first.