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House Bill 2796
118th Congress(2023-2024)
Promoting Opportunities for Non-Traditional Capital Formation Act
Active
Active
Passed House on May 30, 2023
Overview
Text
Introduced
Apr 24, 2023
Latest Action
May 31, 2023
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2796
Congress
118
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Maxine Waters
California
House Votes (1)
Senate Votes (0)
checkPassed on May 30, 2023
Question
On Motion to Suspend the Rules and Pass, as Amended
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
2/3 Yea-And-Nay
Roll Number
240
House Roll Call Votes
Summary

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.

Text (4)
Referred in Senate
May 31, 2023
Reported in House
May 30, 2023
Engrossed in House
May 30, 2023
Introduced in House
April 24, 2023
Actions (15)
05/31/2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
05/30/2023
Motion to reconsider laid on the table Agreed to without objection.
05/30/2023
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)
05/30/2023
Passed/agreed to in House: 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)
05/30/2023
Considered as unfinished business. (consideration: CR H2663-2664)
05/30/2023
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.
05/30/2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2796.
05/30/2023
Considered under suspension of the rules. (consideration: CR H2654-2656)
05/30/2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
05/30/2023
Placed on the Union Calendar, Calendar No. 57.
05/30/2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-78.
04/26/2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 49 - 0.
04/26/2023
Committee Consideration and Mark-up Session Held.
04/24/2023
Referred to the House Committee on Financial Services.
04/24/2023
Introduced in House
Graphics
H.R.2796 118 Promoting Opportunities for NonTraditional Capital Formation Act
How Graphics are created
Public Record
Record Updated
Feb 16, 2024 3:28:31 PM
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