H.R. 2796 · 118th Congress
Promoting Opportunities for Non-Traditional Capital Formation Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
No cosponsors.
- House Introduced Apr 24, 2023
- House Passed May 30, 2023 309–67
Promoting Opportunities for Non-Traditional Capital Formation Act
What it does: CRS summary · Passed House · May 30, 2023
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, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Promoting Opportunities for Non-Traditional Capital Formation Act
Latest action (May 31, 2023): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Commerce · Origin: House · Introduced: Apr 24, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Apr 24, 2023
- House Passed May 30, 2023 309–67
Final vote · House · May 30, 2023
Passage (two-thirds required) — Passed. Vote details
Speaker of the House: Kevin McCarthy