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H.R. 3383: Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
119th Congress · introduced 2025-05-14 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
federal
Official title
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Plain summary
Increasing Investor Opportunities Act This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase its investment in private investment funds. Specifically, the Securities and Exchange Commission is prohibited from limiting the sale or listing of securities of a closed-end fund that invests in private investment funds. This bill also apples to a closed-end company treated as a business development company.
Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.
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If it passes both chambers and is signed, it becomes law.
A “Nay” vote
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What does this mean? (plain words)
Official text
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Source: Congressional Research Service summary (Reported to House)
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Officials and money
Sponsor: Rep. Wagner, Ann [R-MO-2] · 4 cosponsors
Money: CBO cost estimate: H.R. 3383, Increasing Investor Opportunities Act (2025-10-29) No linked contracts or vendors yet.
Recorded votes
- House roll call 328 (2025): On Passage, H R 3383 (2025-12-11): Passed
- House roll call 326 (2025): On Agreeing to the Amendment, H R 3383 (2025-12-11): Failed
- House roll call 325 (2025): On Agreeing to the Amendment, H R 3383 (2025-12-11): Failed
- House roll call 327 (2025): On Agreeing to the Amendment, H R 3383 (2025-12-11): Failed
Words on this page, explained (2)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Securities
- Financial investments that can be bought and sold, such as stocks and bonds.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Reported to House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr3383.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr3383 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills