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S 3948 117th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Financial services and investments Securities

Increasing Investor Opportunities Act

Introduced: March 29, 2022 Introduced by: Daines, Steve Republican · Montana See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 5, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
Mar 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 29, 2022
Introduced in Senate
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 Plain-English summary Congressional Research Service

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 their investments in private investment funds.

What's happening now April 5, 2022

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.

 Related & companion bills 1
  • HR 4262 Related bill Increasing Investor Opportunities Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3948: Increasing Investor Opportunities Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3948/
MLA
"S. 3948: Increasing Investor Opportunities Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3948/.
Bluebook (legal)
S. 3948, 117th Cong. (2026), https://openamerica.io/bill/117-S-3948/.
Markdown link
[S. 3948: Increasing Investor Opportunities Act](https://openamerica.io/bill/117-S-3948/)
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