Promoting Opportunities for Non-Traditional Capital Formation Act
USA118th CongressHR-2796| House
| Updated: 5/31/2023
Maxine Waters
Democratic Representative
California
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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 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.
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Timeline
Bill from Previous Congress
HR 117-7977Promoting Opportunities for Non-Traditional Capital Formation Act
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 49 - 0.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 57.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-78.
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H2654-2656)
DEBATE - The House proceeded with forty minutes of debate on H.R. 2796.
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.
Considered as unfinished business. (consideration: CR H2663-2664)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 309 - 67 (Roll no. 240). (text: CR H2654-2655)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Commerce
Business investment and capitalEconomic developmentEconomic performance and conditionsNatural disastersRural conditions and developmentSmall business
Promoting Opportunities for Non-Traditional Capital Formation Act
USA118th CongressHR-2796| House
| Updated: 5/31/2023
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 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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Bill from Previous Congress
HR 117-7977Promoting Opportunities for Non-Traditional Capital Formation Act
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 49 - 0.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 57.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-78.
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H2654-2656)
DEBATE - The House proceeded with forty minutes of debate on H.R. 2796.
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.
Considered as unfinished business. (consideration: CR H2663-2664)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 309 - 67 (Roll no. 240). (text: CR H2654-2655)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Maxine Waters
Democratic Representative
California
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Commerce
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business investment and capitalEconomic developmentEconomic performance and conditionsNatural disastersRural conditions and developmentSmall business