Promoting Opportunities for Non-Traditional Capital Formation Act

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H.R.

3422

Promoting Opportunities for Non-Traditional Capital Formation Act

Jun 23, 2025

Votes and Legislation

outcome

Bill Passed

how i voted

Voted No

what it means for you

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 (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.

Link to bill here.

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Recent Positions

H.R.

3357

Jul 23, 2025

Votes and Legislation

Enhancing Multi-Class Share Disclosures Act

outcome

Bill Passed

how i voted

Voted No

what it means for you

This bill requires issuers of securities with multi-class share structures to disclose certain information in any proxy solicitation or consent solicitation material. A multi-class share structure occurs when a company issues two or more classes of shares that have different voting rights. For example, a company may issue one class of shares with no or few voting rights for the public, and another class with more voting rights for company founders and executives.

Under the bill, the issuer must disclose certain information about each director, director nominee, named executive officer, and each beneficial owner of securities with 5% or more of the total combined voting power of all classes of securities entitled to vote in the election of directors. Specifically, the issuer must disclose (1) the number of shares of all classes of securities entitled to vote in the election of directors beneficially owned by such person, and (2) the amount of voting power held by such person.

Link to bill here.

H.R.

1917

Jul 22, 2025

Votes and Legislation

Great Lakes Mass Marking Program Act of 2025

outcome

Bill Passed

how i voted

Voted No

what it means for you

This bill provides statutory authority for a program of the U.S. Fish and Wildlife Service (FWS) for the mass marking of hatchery-produced fish in the Great Lakes basin. Mass marking is the practice of tagging large numbers of hatchery-produced fish in order to distinguish them from the wild fish population. The FWS initiated the program in 2010 on a limited scale. Under the existing program, the FWS (1) tags hatchery-produced fish stocked in the Great Lakes, and (2) produces data used by state and tribal fish management agencies to make management decisions regarding Great Lakes fisheries.

This bill allows the FWS, in carrying out the program, to (1) purchase items to support and carry out tagging and tag recovery operations on a greater scale, and (2) hire additional personnel.

The FWS must make the data collected under the program available to applicable federal, state, and tribal fish management agencies to

increase the understanding of the outcomes of management action;
assist in meeting the restoration objectives of the Great Lakes;
assist in balancing predators and prey;
support and improve the economic status of tribal, recreational, and commercial fisheries; and
assist in evaluating the effectiveness of habitat restoration efforts in the Great Lakes.

Link to bill here.

H.R.

3937

Jul 22, 2025

Votes and Legislation

Wabeno Economic Development Act

outcome

Bill Passed

how i voted

Voted Yes

what it means for you

This bill requires the Forest Service to convey approximately 14 acres of federal land, including the mineral rights, in the Chequamegon-Nicolet National Forest, Wisconsin, to Tony’s Wabeno Redi-Mix, LLC, upon receiving an offer to buy the land for market value.

The Forest Service must complete an appraisal to determine the market value of the land, and the offer must be received within 180 days after federal approval of such appraisal. Tony’s Wabeno Redi-Mix, LLC, must pay an amount equal to the market value of the land and all associated costs as a condition of conveyance.

Additionally, the Department of the Interior must publish a comprehensive review of the federal permitting processes for the development of stone, sand, and gravel on federal lands.

Link to bill here.