Promoting Opportunities for Non-Traditional Capital Formation Act
Description
Promoting Opportunities for Non-Traditional Capital Formation Act
Promoting Opportunities for Non-Traditional Capital Formation Act
Mr. Downing moved to suspend the rules and pass the bill, as amended.
Jun 23, 2025
Considered under suspension of the rules. (consideration: CR H2875-2876)
Jun 23, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 3422.
Jun 23, 2025
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.
Jun 23, 2025
Considered as unfinished business. (consideration: CR H2879)
Jun 23, 2025
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)
Jun 23, 2025
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)
Jun 23, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jun 23, 2025
On Motion to Suspend the Rules and Pass, as Amended
On Motion to Suspend the Rules and Pass, as Amended
The House passed H.R. 3422 under a suspension of the rules on a mixed vote, advancing the capital formation bill to the Senate.
The House passed H.R. 3422 under a suspension of the rules, a procedure requiring a two-thirds majority for noncontroversial measures. The motion was agreed to with a mixed party breakdown following forty minutes of floor debate. The bill, which seeks to promote non-traditional capital formation, has since moved to the Senate for further consideration.
The bill passed the House under a suspension of the rules on a mixed vote, meeting the required two-thirds majority threshold. Following this successful House passage, the measure has been sent to the Senate for further consideration, where it is currently in committee.