H.R. 3383 · 119th Congress · House

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

In Congress· Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
May 14, 25
Passed House
Dec 11, 25
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.  

Action Timeline

34
  1. DEC 15, 2025Senate

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

  2. DEC 11, 2025House floor actions

    Considered as unfinished business

    (consideration: CR H5790-5793)

    5790Yea
    5793Nay
    0NV
  3. DEC 11, 2025House floor actions

    Motion to reconsider laid on the table Agreed to without objection.

  4. DEC 11, 2025House floor actions

    On passage Passed by recorded vote

    Roll Call #328

    302 - 123 (Roll no. 328).

    302Yea
    123Nay
    0NV
  5. DEC 11, 2025Library of Congress

    Passed/agreed to in House

    Roll Call #328

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

    302Yea
    123Nay
    0NV
  6. DEC 11, 2025House floor actions

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

  7. DEC 11, 2025House floor actions

    The previous question was ordered pursuant to the rule.

  8. DEC 11, 2025House floor actions

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

  9. DEC 11, 2025House floor actions

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

  10. DEC 11, 2025House floor actions

    Considered as unfinished business.

  11. DEC 10, 2025House floor actions

    Considered under the provisions of rule H. Res. 936. (consideration

    CR H5534-5555; text: CR H5540-5546)

    5534Yea
    5555Nay
    0NV
  12. DEC 10, 2025House floor actions

    Committee of the Whole House on the state of the Union rises leaving H.R

    3383 as unfinished business.

  13. DEC 10, 2025House floor actions

    On motion that the committee rise Agreed to by voice vote.

  14. DEC 10, 2025House floor actions

    Mrs

    Wagner moved that the committee rise.

  15. DEC 10, 2025House floor actions

    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.

  16. DEC 10, 2025House floor actions

    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.

  17. DEC 10, 2025House floor actions

    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.

  18. DEC 10, 2025House floor actions

    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.

  19. DEC 10, 2025House floor actions

    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.

  20. DEC 10, 2025House floor actions

    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.

  21. DEC 10, 2025House floor actions

    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.

  22. DEC 10, 2025House floor actions

    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.

  23. DEC 10, 2025House floor actions

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

  24. DEC 10, 2025House floor actions

    The Speaker designated the Honorable James C

    Moylan to act as Chairman of the Committee.

  25. DEC 10, 2025House floor actions

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

  26. DEC 10, 2025House floor actions

    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.

  27. DEC 10, 2025House floor actions

    Considered under the provisions of rule H. Res. 936.

  28. DEC 09, 2025House floor actions

    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.

  29. JUN 25, 2025House floor actions

    Placed on the Union Calendar, Calendar No. 135.

  30. JUN 25, 2025Library of Congress

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

    119Yea
    169Nay
    0NV
  31. MAY 20, 2025House committee actions

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

    41Yea
    10Nay
    0NV
  32. MAY 20, 2025House committee actions

    Committee Consideration and Mark-up Session Held

  33. MAY 14, 2025House floor actions

    Referred to the House Committee on Financial Services.

  34. MAY 14, 2025Library of Congress

    Introduced in House

Committees

2

Banking, Housing, and Urban Affairs Committee

ssbk00

Referred: Dec 15, 2025

Active

Financial Services Committee

hsba00

Referred: Jun 25, 2025

Active