House bill introduces changes to how small businesses can raise money
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Table of Contents
The Promoting Opportunities for Non-Traditional Capital Formation Act was introduced in the House and has been sent to the Senate Banking Committee.
Why it matters: This bill is a proposal to change financial regulations; it does not change any rules until it passes both chambers and is signed into law.
Who it affects
- Small business owners looking for private investment
This information comes from Congress.gov regarding a bill introduced in the House; check the official text before relying on this information.
Agency: House
Source: Congress.gov — read the official document