Federal · 119th Congress · House bill
H.R. 3383: Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Passed House Official data
- Introduced
- Reported by committee
- Passed House
- Passed both chambers
- Sent to President
- Became law
Last official action: · Record last updated:
Official summary
Written by the Congressional Research Service (CRS), Library of Congress for the version “Reported to House”, June 25, 2025. Reproduced verbatim.
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.
Recorded votes
Roll calls on passage or final agreement. Washington’s members are shown first; every member’s vote is on the roll-call page.
House Roll Call 328: On Passage
· Passed · Yes 302, No 123, Not voting 8
On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
Washington: Rep. Suzan K. DelBene (WA-1) (D): Yes · Rep. Rick Larsen (WA-2) (D): Yes · Rep. Marie Gluesenkamp Perez (WA-3) (D): No · Rep. Dan Newhouse (WA-4) (R): Yes · Rep. Michael Baumgartner (WA-5) (R): Yes · Rep. Emily Randall (WA-6) (D): No · Rep. Pramila Jayapal (WA-7) (D): No · Rep. Kim Schrier (WA-8) (D): Yes · Rep. Adam Smith (WA-9) (D): Yes · Rep. Marilyn Strickland (WA-10) (D): Yes
Official actions
- Passed/agreed to in House: On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-169.
- Introduced in House