H.R. 3383 · 119th Congress · Finance and Financial Sector
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Prohibits SEC from limiting closed-end fund investments in private investment funds. AI-read
What it does
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.
Summary by the Congressional Research Service, Jun 25, 2025 (Reported to House). CRS summarizes bills impartially; it does not take positions.
Roll call votes
| Date | Question | Party split (yea) | Result |
|---|---|---|---|
| Dec 11, 2025 House roll 324 |
On Agreeing to the Amendment | D 1–209 · R 53–165 |
Failed 54–374 |
| Dec 11, 2025 House roll 325 |
On Agreeing to the Amendment | D 207–6 · R 4–213 |
Failed 211–219 |
| Dec 11, 2025 House roll 326 |
On Agreeing to the Amendment | D 212–1 · R 2–214 |
Failed 214–215 |
| Dec 11, 2025 House roll 327 |
On PassageIncreasing Investor Opportunities Act | D 87–123 · R 215–0 |
Passed 302–123 |
Latest action
Dec 15, 2025 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.