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    <introducedDate>2025-05-15</introducedDate>
    <congress>119</congress>
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    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 171, Number 82 (Thursday, May 15, 2025)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Ms. WATERS:H.R. 3422.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 provides Congress with thepower to ``regulate commerce with foreign nations, and amongthe several states, and with the Indian tribes.''[Page H2104]</pre>]]></constitutionalAuthorityStatementText>
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        <text>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)</text>
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        <text>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): 321 - 87 (Roll no. 174). (text: CR H2875)</text>
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        <text>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.</text>
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        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.</text>
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        <text>Mr. Downing moved to suspend the rules and pass the bill, as amended.</text>
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        <text>Placed on the Union Calendar, Calendar No. 87.</text>
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        <fullName>Rep. Waters, Maxine [D-CA-43]</fullName>
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        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
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          <name>Business investment and capital</name>
          <updateDate>2025-05-29T16:31:58Z</updateDate>
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        <updateDate>2025-06-12T21:03:44Z</updateDate>
        <text><![CDATA[<p><strong>Promoting Opportunities for Non-Traditional Capital Formation Act</strong></p><p>This bill expands the functions of the Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation.</p><p>Specifically, the office must (1) provide educational resources and host (or participate in) 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.</p>]]></text>
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    <title>Promoting Opportunities for Non-Traditional Capital Formation Act</title>
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        <title>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.</title>
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