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H.R. 3422 · 119th Congress · 2025–2026

Promoting Opportunities for Non-Traditional Capital Formation Act

H.R. 3422 in the 119th Congress (2025–2026) has passed the house — introduced on May 15, 2025, sponsored by Maxine Waters with 1 co-sponsors. Congress held 1 roll call vote on it.

During the 119th Congress (2025–2026), Donald Trump was president, and Republicans held majorities in both the House and Senate.

Status
Passed the House
Introduced
May 15, 2025
Co-sponsors
1
Policy area
Commerce
Groups that lobbied
2

What it does

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.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Maxine Waters (D-CA). Co-sponsors: 1 Republican.

Where it stands

  • IntroducedMay 15, 2025
  • Passed the HouseJun 23, 2025
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Jun 24, 2025)

How Congress voted

  • On Motion to Suspend the Rules and Pass, as Amended
    House · Jun 23, 2025 · Passed
    321–87

Every roll call vote on this bill

More bills from Maxine Waters in the 119th Congress

Other Commerce bills in the 119th Congress

Who lobbied on it

2 organizations named this bill in lobbying reports (Jul 2025 – Sep 2026). Biggest spenders among them:

Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 3422 (119th Congress): Promoting Opportunities for…,” https://www.capitolreceipts.com/bill/119-hr-3422/promoting-opportunities-for-non-traditional-capital-formation-act (accessed 2026-10-17).

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