H.R. 3383 — 119th Congress

Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025

Originated in the House · Introduced May 14, 2025 · Finance and Financial Sector

Sponsor

Ann Wagner

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Latest action

Dec 15, 2025

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

CRS summary

As of Jun 25, 2025

Reported to House

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, via api.congress.gov (public domain)

Roll-call votes

4 on record
DateChamberQuestionMember pagesResult
Dec 11, 2025HouseOn Passage119th CongressPassed (302–123)
Dec 11, 2025HouseOn Agreeing to the Amendment119th CongressFailed (214–215)
Dec 11, 2025HouseOn Agreeing to the Amendment119th CongressFailed (211–219)
Dec 11, 2025HouseOn Agreeing to the Amendment119th CongressFailed (54–374)

Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.