HB3422Introduced in the House
Promoting Opportunities for Non-Traditional Capital Formation Act
Introduced by Maxine Waters, District CA-43
What does this bill do?
Plain-English breakdown
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Official description
To amend the Securities Exchange Act of 1934 to require the Advocate for Small Business Capital Formation to provide educational resources and host events to promote capital raising options for traditionally underrepresented small businesses, and for other purposes.
Where it stands
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
June 24, 2025
How did lawmakers vote?
HouseStage: On Motion to Suspend the Rules and Pass, as Amended RC# 174 · June 23, 2025
321
Yes
87
No
23
Absent or Not Voting
431 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Nicholas Begich | AK | No |
| Barry Moore | AL-2 | No |
| Shomari Figures | AL-2 | Yes |
| Mike D. Rogers | AL-3 | Absent |
| Robert Aderholt | AL-4 | Yes |
| Dale Strong | AL-5 | Yes |
| Gary Palmer | AL-6 | No |
| Terri Sewell | AL-7 | Absent |
| Eric Crawford | AR-1 | Yes |
| French Hill | AR-2 | Yes |
Bill history
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-117.
Placed on the Union Calendar, Calendar No. 87.
Mr. Downing moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H2875-2876)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
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 H2879)
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)
Motion 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.
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