H.R. 3383 · 119th Congress
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
- Stage
- Passed a chamber
- Sponsor
- Ann Wagner
- Introduced
- 2025-05-14
- Latest action
- 2025-12-15 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.