Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 (H.R. 3383)
Referred to CommitteeLatest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/15/2025 • Senate
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.
Reported to House • 6/25/2025
Topics & Subjects
CBO Cost Estimates (1)
Amendments (5)
This bill has 5 amendments proposed or adopted.
View all amendments on Congress.govRelated Federal Spending
Sponsor & Cosponsors (5)
Party Breakdown
Sponsor
Cosponsors (4)
Bill Journey
Originated in the House
Introduced
May 14, 2025
Committee Review
May 20, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 10.
Floor Debate
December 10, 2025
Passed Chamber
December 11, 2025
Other Chamber
President
Enacted into Law
Text Versions (4)
Committee Reports (1)
Related Bills (2)
S. 3671
Increasing Investor Opportunities Act
H.Res. 936
Providing for consideration of the bill (H.R. 3898) to amend the Federal Water Pollution Control Act to make targeted reforms with respect to waters of the United States and other matters, and for other purposes; providing for consideration of the bill (H.R. 3383) to amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds; providing for consideration of the bill (H.R. 3638) to direct the Secretary of Energy to prepare periodic assessments and submit reports on the supply chain for the generation and transmission of electricity, and for other purposes; providing for consideration of the bill (H.R. 3628) to amend the Public Utility Regulatory Policies Act of 1978 to add a standard related to State consideration of reliable generation, and for other purposes; providing for consideration of the bill (H.R. 3668) to promote interagency coordination for reviewing certain authorizations under section 3 of the Natural Gas Act, and for other purposes; providing for consideration of the bill (S. 1071) to require the Secretary of Veterans Affairs to disinter the remains of Fernando V. Cota from Fort Sam Houston National Cemetery, Texas, and for other purposes; and for other purposes.