H.R. 3422: Promoting Opportunities for Non-Traditional Capital Formation Act
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-05-15 |
| Sponsor | Rep. Waters, Maxine [D-CA-43] |
| Policy area | Commerce |
| Cosponsors | 1 |
| Latest action | 2025-06-24 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-18 |
Summary
Official summary (Introduced in House, 2025-05-15):
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.
Cosponsors (1)
| Name | Party / state |
|---|---|
| Ann Wagner | R MO 2025-05-19 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 3422 are published by Congress on congress.gov.
View H.R. 3422 on congress.gov →
Frequently asked questions
What is H.R. 3422?
H.R. 3422 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Promoting Opportunities for Non-Traditional Capital Formation Act.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 3422 are available on congress.gov.
Bill data: congress.gov API (official congressional records).