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H.R. 3383119th CongressIN COMMITTEE

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

Introduced May 14, 2025Ann Wagner (R-MO)4 cosponsorsSource

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.  

Legislative Journey

Dec 15, 2025

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

Senate
Dec 11, 2025

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

House
Dec 11, 2025

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

House
Dec 11, 2025

Passed/agreed to in House: On passage Passed by recorded vote: 302 - 123 (Roll no. 328).

Dec 11, 2025

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

House
Dec 11, 2025

The previous question was ordered pursuant to the rule.

House
Dec 11, 2025

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

House
Dec 11, 2025

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

House
Dec 11, 2025

Considered as unfinished business. (consideration: CR H5790-5793)

House
Dec 10, 2025

Committee of the Whole House on the state of the Union rises leaving H.R. 3383 as unfinished business.

House
Dec 10, 2025

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

House
Dec 10, 2025

Mrs. Wagner moved that the committee rise.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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.

House
Dec 10, 2025

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

House
Dec 10, 2025

The Speaker designated the Honorable James C. Moylan to act as Chairman of the Committee.

House
Dec 10, 2025

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

House
Dec 10, 2025

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.

House
Dec 10, 2025

Considered under the provisions of rule H. Res. 936. (consideration: CR H5534-5555; text: CR H5540-5546)

House
Dec 9, 2025

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.

House
Jun 25, 2025

Placed on the Union Calendar, Calendar No. 135.

House
Jun 25, 2025

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

House
Jun 25, 2025

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

May 20, 2025

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

House
May 20, 2025

Committee Consideration and Mark-up Session Held

House
May 14, 2025

Referred to the House Committee on Financial Services.

House
May 14, 2025

Introduced in House

May 14, 2025

Introduced in House