Promoting Opportunities for Non-Traditional Capital Formation Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2022
Committee Review
Floor Vote
President
Introduced Jun 8, 2022
Last action Jun 22, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
2
Amendments
1
Jun 22, 2022
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 24.
lower
Jun 22, 2022
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Jun 8, 2022
Committee
Referred to the House Committee on Financial Services.
lower
Jun 8, 2022
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Maxine Waters
DDemocratic
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