Promoting Opportunities for Non-Traditional Capital Formation Act passed the House 39 days after introduction and awaits a vote in the Senate
IntroducedMay 15, 2025
ReportedMay 20, 2025
Passed one chamberJun 23, 2025
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 76 words.
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.
Context
- Committees
- House Financial Services Committee
Senate Banking, Housing, and Urban Affairs Committee - Policy area
- Commerce: 44 of 2,416 bills became law, 113th–118th (1.8%)
- Sponsor
- 0 of 217 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 165 words
- Subjects
- Business investment and capitalEconomic developmentEconomic performance and conditionsNatural disastersRural conditions and developmentSmall business
- Latest action
- Jun 24, 2025: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th H.R. 6567 Federal Food Administration Act of 2025 D · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]