HR 3383
119th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Financial services and investments
Securities
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Everywhere this bill has been
32 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 15, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 11, 2025
Motion to reconsider laid on the table Agreed to without objection.
Dec 11, 2025
On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
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.
Dec 11, 2025
The previous question was ordered pursuant to the rule.
Dec 11, 2025
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3383.
Dec 11, 2025
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
Dec 11, 2025
Considered as unfinished business. (consideration: CR H5790-5793)
Dec 10, 2025
Committee of the Whole House on the state of the Union rises leaving H.R. 3383 as unfinished business.
Dec 10, 2025
On motion that the committee rise Agreed to by voice vote.
Dec 10, 2025
Mrs. Wagner moved that the committee rise.
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.
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.
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.
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.
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.
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.
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.
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.
Dec 10, 2025
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3383.
Dec 10, 2025
The Speaker designated the Honorable James C. Moylan to act as Chairman of the Committee.
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.
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.
Dec 10, 2025
Considered under the provisions of rule H. Res. 936. (consideration: CR H5534-5555; text: CR H5540-5546)
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.
Jun 25, 2025
Placed on the Union Calendar, Calendar No. 135.
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.
May 20, 2025
Committee Consideration and Mark-up Session Held
May 14, 2025
Referred to the House Committee on Financial Services.
May 14, 2025
Introduced in House
Votes taken on this bill
4
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Dec 11, 2025 | House · vote #328 | On Passage | Passed | 302–123 | See who voted → |
| Dec 11, 2025 | House · vote #327 | On Agreeing to the Amendment | Failed | 214–215 | See who voted → |
| Dec 11, 2025 | House · vote #326 | On Agreeing to the Amendment | Failed | 211–219 | See who voted → |
| Dec 11, 2025 | House · vote #325 | On Agreeing to the Amendment | Failed | 54–374 | See who voted → |
Plain-English 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.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2