Open Eye

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119th Congress · House

Promoting Opportunities for Non-Traditional Capital Formation Act

Subjects: Business investment and capital · Economic development · Economic performance and conditions · Natural disasters · Rural conditions and development · Small business · Commerce

In plain language

  • House bill in the 119th Congress.
  • Expands the functions of the SEC's Office of the Advocate for Small Business Capital Formation.
  • House passed it on Jun 24, 2025 (substantive).
Official summary (Congressional Research Service)

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.

View this measure on congress.gov

Roll-call votes on this measure