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substantiveJun 24, 2025 · House roll call · passage · Result: Passed

On Motion to Suspend the Rules and Pass, as Amended — H R 3422 — Promoting Opportunities for Non-Traditional Capital Formation Act

Promoting Opportunities for Non-Traditional Capital Formation Act

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 breakdown

Yea321

Democrat: 199 · Independent: 1 · Republican: 121

Nay87

Republican: 87

Present0

Not Voting23

Democrat: 13 · Republican: 10

How each member voted (431)

Yea (321)

Nay (87)

Not Voting (23)

Party labels reflect each member’s most recent affiliation on record.