HR. 3422In Committee
Promoting Opportunities for Non-Traditional Capital Formation Act
Expands the Securities and Exchange Commission small business capital office's role in outreach and coordination for underrepresented businesses, rural businesses, and businesses affected by natural disasters
Plain-English overview
What this bill does
Expands the Securities and Exchange Commission small business capital office's role in outreach and coordination for underrepresented businesses, rural businesses, and businesses affected by natural disasters
Key points
- Require educational resources
- Require capital raising events
- Require annual state meetings
- Expand office functions
Current status
Where it stands
Status
In Committee
Latest action
2025-06-24 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedBusiness investment and capitalCommerceEconomic developmentEconomic performance and conditionsNatural disastersRural conditions and developmentSmall business