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hr 3422 · 119th Congress · House

Promoting Opportunities for Non-Traditional Capital Formation Act

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D62
62 / 90 · methodology full_text_v3

The Promoting Opportunities for Non-Traditional Capital Formation Act aims to amend the Securities Exchange Act of 1934 to enhance support for underrepresented small businesses by providing educational resources and hosting events. It focuses on women-owned, minority-owned, rural, and disaster-affected small businesses. The bill outlines specific actions for the Advocate for Small Business Capital Formation but lacks detailed enforcement and fiscal provisions.

Legislative structure
Cosponsors
1 current · 1 total
Actions
17
Roll calls
1
Criterion breakdown8 criteria · max 90
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Recorded vote · House roll call 174 · 2025-06-23
321 Yea · 87 Nay · 0 Present · 23 Not voting — Passed
R
12187 (Yea–Nay)
D
1990 (Yea–Nay)
I
10 (Yea–Nay)
Revealed positions from the official roll call — factual, not an endorsement.
Actions (17)
DateTimeAction
2025-05-15Referred to the House Committee on Financial Services.
2025-05-15Introduced in House
2025-05-15Introduced in House
2025-05-20Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
2025-05-20Committee Consideration and Mark-up Session Held
2025-06-03Placed on the Union Calendar, Calendar No. 87.
2025-06-03Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
2025-06-03Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
2025-06-2317:34:55Mr. Downing moved to suspend the rules and pass the bill, as amended.
2025-06-2317:35:10Considered under suspension of the rules. (consideration: CR H2875-2876)
2025-06-2317:35:12DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
2025-06-2317:42:16At 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.
2025-06-2319:02:48Considered as unfinished business. (consideration: CR H2879)
2025-06-2319:09:51On 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)
2025-06-2319:09:51Passed/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)
2025-06-2319:09:52Motion to reconsider laid on the table Agreed to without objection.
2025-06-24Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Provenance
Methodology
full_text_v3
Calculated
2026-09-18 16:57:28.254+00
Source version
2025-06-24
Assessments
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The Quiet Ledger grades legislation on its content. A bill grade is analysis of the bill — not a grade of its sponsor or of any member who voted on it.