Federal · H.R. 2796 · 118th Congress
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.
First two sentences of the Congressional Research Service's summary · Congress.gov ↗
This bill expands the functions of the Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation.
Passed the House on May 30, 2023. Waiting on the Senate.
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First two sentences of the Congressional Research Service's summary · Congress.gov ↗. A plain-words version comes later. Official page ↗
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Latest final vote: Passed · U.S. House · May 30, 2023
Official record ↗Constitution
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All votes
U.S. House · May 30, 2023 · Final passage
On Motion to Suspend the Rules and Pass, as Amended · Passed
Official record ↗By party
| Party | Yes | No | Present | Not voting |
|---|---|---|---|---|
| Republican | 112 | 53 | 0 | 20 |
| Democratic | 151 | 0 | 0 | 26 |
| Democrat | 4 | 0 | 0 | 2 |
| Independent | 1 | 0 | 0 | 0 |
By state (48)
| State | Yes | No | Present | Not voting |
|---|---|---|---|---|
| AL | 2 | 3 | 0 | 1 |
| AR | 3 | 0 | 0 | 1 |
| AZ | 3 | 3 | 0 | 1 |
| CA | 41 | 1 | 0 | 9 |
| CO | 3 | 1 | 0 | 1 |
| CT | 5 | 0 | 0 | 0 |
| DE | 1 | 0 | 0 | 0 |
| FL | 15 | 7 | 0 | 2 |
| GA | 7 | 3 | 0 | 1 |
| HI | 2 | 0 | 0 | 0 |
| IA | 4 | 0 | 0 | 0 |
| ID | 0 | 1 | 0 | 1 |
| IL | 14 | 1 | 0 | 2 |
| IN | 5 | 2 | 0 | 0 |
| KS | 2 | 0 | 0 | 1 |
| KY | 4 | 1 | 0 | 1 |
| LA | 4 | 1 | 0 | 0 |
| MA | 8 | 0 | 0 | 1 |
| MD | 4 | 0 | 0 | 1 |
| ME | 1 | 0 | 0 | 1 |
| MI | 11 | 1 | 0 | 0 |
| MN | 6 | 0 | 0 | 1 |
| MO | 4 | 2 | 0 | 0 |
| MS | 1 | 3 | 0 | 0 |
| MT | 1 | 0 | 0 | 0 |
| NC | 8 | 0 | 0 | 1 |
| NE | 3 | 0 | 0 | 0 |
| NH | 1 | 0 | 0 | 0 |
| NJ | 4 | 1 | 0 | 4 |
| NM | 3 | 0 | 0 | 0 |
| NV | 3 | 0 | 0 | 1 |
| NY | 18 | 0 | 0 | 2 |
| OH | 12 | 1 | 0 | 0 |
| OK | 3 | 2 | 0 | 0 |
| OR | 4 | 0 | 0 | 0 |
| PA | 13 | 1 | 0 | 1 |
| RI | 1 | 0 | 0 | 0 |
| SC | 5 | 1 | 0 | 0 |
| SD | 1 | 0 | 0 | 0 |
| TN | 4 | 2 | 0 | 2 |
| TX | 18 | 10 | 0 | 5 |
| UT | 1 | 0 | 0 | 2 |
| VA | 4 | 2 | 0 | 1 |
| VT | 0 | 0 | 0 | 1 |
| WA | 6 | 0 | 0 | 2 |
| WI | 4 | 2 | 0 | 1 |
| WV | 1 | 0 | 0 | 0 |
| WY | 0 | 1 | 0 | 0 |
The breakdown counts the 369 members whose positions are loaded; the totals above are the official record's.
Party is as each member's record lists it. Counts are of recorded positions, nothing more.
Every member's vote
369 members, by last name.
From the official record of each vote. A member who left office keeps their recorded position; their page shows the years they served.
Money
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History
- May 30, 2023U.S. House: On Motion to Suspend the Rules and Pass, as Amended · Passed ↗
Recorded votes on this bill and the final action, as their sources record them. Committee and other steps without a recorded vote aren't listed; the official page has every action.
Final action
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Full text
Official summary (Congressional Research Service)
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.
Source ↗