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HR. 3383 · 119th Congress

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

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Bill details

Introduced: 5/14/2025
Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill ID: 119hr3383
Latest action: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

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.

Source: BILLSUM · Summary date: 6/25/2025

District impact notes

1 notes
NEUTRAL
4/9/2026

This bill allows closed-end funds to invest more in private investment funds. • This policy could impact local investment opportunities and potentially increase capital available for businesses in the area. • It may also influence the financial landscape for local investors and institutions that engage with these funds. • A possible concern could be how this change affects the regulatory environment and investor protections in the securities market. AI-generated from official bill summary and plain-English note; verify with official text.

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Summary source label: BILLSUM
Congress.gov bill →GovInfo bill text (BILLS) →GovInfo summaries (BILLSUM) →OurCongress methodology →
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About this data

Non-partisan by design
OurCongress provides plain-English context without endorsements, political interpretation, or advocacy.
Official sources
Data is sourced from official government records (e.g., Congress.gov, GovInfo, Clerk of the House, and the U.S. Senate).
AI-generated text
Some sections may be AI-generated from official summaries/metadata to help readability. AI output can be imperfect—verify with primary sources.
Last updated: 4/9/2026Source: BILLSUMBill: 119hr3383Learn more →