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Support for Small Businesses: New Capital Raising Opportunities.

This act aims to make it easier for small businesses, especially those owned by women, minorities, and located in rural areas, to access funding. This will give more entrepreneurs a chance to grow, potentially leading to new jobs and economic growth in local communities.
Key points
More educational resources and events for small businesses to help them find ways to raise money.
Specific support for businesses owned by women, minorities, and those in rural areas.
Annual meetings with state securities commissions to better coordinate assistance for small businesses and investors.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_7977
Sponsor: Rep. Waters, Maxine [D-CA-43]
Process start date: 2022-06-08
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Promoting Opportunities for Non-Traditional Capital Formation Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7977.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-06-08.

What are the main provisions?

Key points include:

  • More educational resources and events for small businesses to help them find ways to raise money.
  • Specific support for businesses owned by women, minorities, and those in rural areas.
  • Annual meetings with state securities commissions to better coordinate assistance for small businesses and investors.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Waters, Maxine [D-CA-43].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 24.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy