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

Fact Sheet API

Bill Number

HR 3383

Introduced

May 14, 2025

Latest Action

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

Sponsor

Cosponsors

Topics

Banking and financial institutions regulation Finance and Financial Sector Financial services and investments Securities

Full Text

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Votes

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.

Actions

Dec 15, 2025

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 11, 2025

The previous question was ordered pursuant to the rule.
Dec 11, 2025

Considered as unfinished business. (consideration: CR H5790-5793)
Dec 11, 2025

The House resolved into Committee of the Whole House on the state of the Union for further consideration.
Dec 11, 2025

Passed/agreed to in House: On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
Dec 11, 2025

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3383.
Dec 11, 2025

The House adopted the amendments en gros as agreed to by the Committee of the Whole House on the state of the Union.
Dec 11, 2025

Motion to reconsider laid on the table Agreed to without objection.
Dec 11, 2025

On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
Dec 11, 2025

Considered as unfinished business.
Dec 10, 2025

DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Self amendment No. 1.
Dec 10, 2025

On motion that the committee rise Agreed to by voice vote.
Dec 10, 2025

DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 4.
Dec 10, 2025

POSTPONED PROCEEDINGS - At the conclusion of debate on the Self amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Mr. Self demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Dec 10, 2025

DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 5.
Dec 10, 2025

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3383.
Dec 10, 2025

Mrs. Wagner moved that the committee rise.
Dec 10, 2025

Committee of the Whole House on the state of the Union rises leaving H.R. 3383 as unfinished business.
Dec 10, 2025

POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 3, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Dec 10, 2025

The Speaker designated the Honorable James C. Moylan to act as Chairman of the Committee.
Dec 10, 2025

POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 5, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Dec 10, 2025

DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 3.
Dec 10, 2025

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 936 and Rule XVIII.
Dec 10, 2025

DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Self amendment No. 2.
Dec 10, 2025

Rule provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, H.R. 3668 and S. 1071. The resolution provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, and H.R. 3628 under a structured rule; and H.R. 3668 and S. 1071 under a closed rule. The resolution provides for one motion to recommit on H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, and H.R. 3668; and one motion to commit on S. 1071.
Dec 10, 2025

Considered under the provisions of rule H. Res. 936. (consideration: CR H5534-5555; text: CR H5540-5546)
Dec 10, 2025

POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 5, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Dec 10, 2025

POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 3, the Chair put the question on agreeing to the amendment and by voice vote, announced the ayes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.
Dec 10, 2025

Considered under the provisions of rule H. Res. 936.
Dec 9, 2025

Rules Committee Resolution H. Res. 936 Reported to House. Rule provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, H.R. 3668 and S. 1071. The resolution provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, and H.R. 3628 under a structured rule; and H.R. 3668 and S. 1071 under a closed rule. The resolution provides for one motion to recommit on H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, and H.R. 3668; and one motion to commit on S. 1071.
Jun 25, 2025

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-169.
Jun 25, 2025

Placed on the Union Calendar, Calendar No. 135.
May 20, 2025

Committee Consideration and Mark-up Session Held
May 20, 2025

Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 10.
May 14, 2025

Introduced in House
May 14, 2025

Referred to the House Committee on Financial Services.

Amendments

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