Promoting Opportunities for Non-Traditional Capital Formation Act
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.
The letter, score, and explanation above are free. The point-by-point breakdown of all eight scored criteria — with each criterion's value and how it moved the grade — is a Quiet Ledger research capability.
Access options →| Date | Time | Action |
|---|---|---|
| 2025-05-15 | — | Referred to the House Committee on Financial Services. |
| 2025-05-15 | — | Introduced in House |
| 2025-05-15 | — | Introduced in House |
| 2025-05-20 | — | Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0. |
| 2025-05-20 | — | Committee Consideration and Mark-up Session Held |
| 2025-06-03 | — | Placed on the Union Calendar, Calendar No. 87. |
| 2025-06-03 | — | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117. |
| 2025-06-03 | — | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117. |
| 2025-06-23 | 17:34:55 | Mr. Downing moved to suspend the rules and pass the bill, as amended. |
| 2025-06-23 | 17:35:10 | Considered under suspension of the rules. (consideration: CR H2875-2876) |
| 2025-06-23 | 17:35:12 | DEBATE - The House proceeded with forty minutes of debate on H.R. 3422. |
| 2025-06-23 | 17:42:16 | 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. |
| 2025-06-23 | 19:02:48 | Considered as unfinished business. (consideration: CR H2879) |
| 2025-06-23 | 19:09:51 | 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) |
| 2025-06-23 | 19:09:51 | 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) |
| 2025-06-23 | 19:09:52 | Motion to reconsider laid on the table Agreed to without objection. |
| 2025-06-24 | — | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
- Methodology
- full_text_v3
- Calculated
- 2026-09-18 16:57:28.254+00
- Source version
- 2025-06-24
- Assessments
- —
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.

