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H.R. 7977

Promoting Opportunities for Non-Traditional Capital Formation Act

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 and businesses in rural areas, and (2) meet annually with representatives of state securities commissions to discuss opportunities for collaboration and coordination.

Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 24.

Rep. Waters, Maxine [D-CA-43](D-CA)Sponsor
1committees5actions6subjects
  1. Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 24.

    Financial Services Committee
  2. Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  3. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

Promoting Opportunities for Non-Traditional Capital Formation Act — Informed