HR 3422
· 119th Congress
· Commerce
Promoting Opportunities for Non-Traditional Capital Formation Act
Sponsor
Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Jun 24, 2025
introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee
Jun 23, 2025
floor
Mr. Downing moved to suspend the rules and pass the bill, as amended.
Jun 23, 2025
floor
Considered under suspension of the rules. (consideration: CR H2875-2876)
Jun 23, 2025
floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
Jun 23, 2025
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.
Jun 23, 2025
floor
Considered as unfinished business. (consideration: CR H2879)
Jun 23, 2025
passed
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)
Jun 23, 2025
passed
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)
Jun 23, 2025
passed
Motion to reconsider laid on the table Agreed to without objection.
Jun 03, 2025
committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
Financial Services Committee
Jun 03, 2025
other
Placed on the Union Calendar, Calendar No. 87.
May 20, 2025
committee
Committee Consideration and Mark-up Session Held
Financial Services Committee
May 20, 2025
committee
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
Financial Services Committee
May 15, 2025
introduced
Introduced in House
May 15, 2025
introduced
Referred to the House Committee on Financial Services.
Financial Services Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
CRS summaries
Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.
00
Introduced in House
May 15, 2025
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.
via Congressional Research Service · published through congress.gov
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+16
−12
13 unchanged
--- Referred (Senate)
+++ Engrossed (House)
@@ -1,19 +1,11 @@
[From the U.S. Government Publishing Office]
-[H.R. 3422 Referred in Senate (RFS)]
+[H.R. 3422 Engrossed in House (EH)]
<DOC>
+
119th CONGRESS
1st Session
H. R. 3422
-
-_______________________________________________________________________
-
-IN THE SENATE OF THE UNITED STATES
-
-June 24, 2025
-
-Received; read twice and referred to theCommittee on Banking, Housing,
-and Urban Affairs
_______________________________________________________________________
@@ -62,6 +54,18 @@
Attest:
-KEVIN F. MCCUMBER,
+Clerk.
+119th CONGRESS
-Clerk.
+1st Session
+
+H. R. 3422
+
+_______________________________________________________________________
+
+AN ACT
+
+To amend the Securities Exchange Act of 1934 to require the Advocate
+for Small Business Capital Formation to provide educational resources
+and host events to promote capital raising options for traditionally
+underrepresented small businesses, and for other purposes.
Cosponsors (2)
Members who signed on to support this bill.