3.0.0 3383 2026-03-18T19:37:48Z 2026-03-18T19:37:48Z House H HR 2025-05-14 119 https://www.congress.gov/bill/119th-congress/house-bill/3383 [Congressional Record Volume 171, Number 81 (Wednesday, May 14, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. WAGNER:H.R. 3383.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution[Page H2052]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2025-12-15T21:03:45Z hsba00 Financial Services Committee House Standing Reported By 2025-06-25T14:47:47Z Markup By 2025-05-20T20:14:00Z Referred To 2025-05-14T14:03:25Z H. Rept. 119-169 Increasing Investor Opportunities Act 119 3671 S 2026-01-15 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Providing for consideration of the bill (H.R. 3898) to amend the Federal Water Pollution Control Act to make targeted reforms with respect to waters of the United States and other matters, and for other purposes; providing for consideration of the bill (H.R. 3383) to amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds; providing for consideration of the bill (H.R. 3638) to direct the Secretary of Energy to prepare periodic assessments and submit reports on the supply chain for the generation and transmission of electricity, and for other purposes; providing for consideration of the bill (H.R. 3628) to amend the Public Utility Regulatory Policies Act of 1978 to add a standard related to State consideration of reliable generation, and for other purposes; providing for consideration of the bill (H.R. 3668) to promote interagency coordination for reviewing certain authorizations under section 3 of the Natural Gas Act, and for other purposes; providing for consideration of the bill (S. 1071) to require the Secretary of Veterans Affairs to disinter the remains of Fernando V. Cota from Fort Sam Houston National Cemetery, Texas, and for other purposes; and for other purposes. 119 936 HRES 2025-12-10 Motion to reconsider laid on the table Agreed to without objection. 15:25:13 Related bill House Procedurally related House 2025-12-15 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2025-12-11 14:42:31 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2025-12-11 14:42:29 On passage Passed by recorded vote: 302 - 123 (Roll no. 328). Floor H37100 2 House floor actions 328 https://clerk.house.gov/evs/2025/roll328.xml House 119 2025-12-11T19:42:29Z 1 2025-12-11 14:42:29 Passed/agreed to in House: On passage Passed by recorded vote: 302 - 123 (Roll no. 328). Floor 8000 9 Library of Congress 328 https://clerk.house.gov/evs/2025/roll328.xml House 119 2025-12-11T19:42:29Z 1 2025-12-11 14:35:56 The House adopted the amendments en gros as agreed to by the Committee of the Whole House on the state of the Union. Floor H34400 2 House floor actions 2025-12-11 14:35:44 The previous question was ordered pursuant to the rule. Floor H35000 2 House floor actions 2025-12-11 14:34:58 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3383. Floor H32600 2 House floor actions 2025-12-11 14:23:11 The House resolved into Committee of the Whole House on the state of the Union for further consideration. Floor H32050 2 House floor actions 2025-12-11 14:22:51 Considered as unfinished business. (consideration: CR H5790-5793) Floor H30000 2 House floor actions 2025-12-10 21:23:45 Committee of the Whole House on the state of the Union rises leaving H.R. 3383 as unfinished business. Floor H32700 2 House floor actions 2025-12-10 21:23:37 On motion that the committee rise Agreed to by voice vote. Floor H32341 2 House floor actions 2025-12-10 21:23:02 Mrs. Wagner moved that the committee rise. Floor H32340 2 House floor actions 2025-12-10 21:22:46 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. Floor H8D000 2 House floor actions 2025-12-10 21:13:37 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. Floor H8D000 2 House floor actions 2025-12-10 21:03:29 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. Floor H8D000 2 House floor actions 2025-12-10 21:02:49 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. Floor H8D000 2 House floor actions 2025-12-10 20:55:05 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. Floor H8D000 2 House floor actions 2025-12-10 20:49:51 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. Floor H8D000 2 House floor actions 2025-12-10 20:49:19 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. Floor H8D000 2 House floor actions 2025-12-10 20:39:48 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. Floor H8D000 2 House floor actions 2025-12-10 19:44:51 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3383. Floor H8D000 2 House floor actions 2025-12-10 19:44:43 The Speaker designated the Honorable James C. Moylan to act as Chairman of the Committee. Floor H32400 2 House floor actions 2025-12-10 19:44:37 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 936 and Rule XVIII. Floor H32020 2 House floor actions 2025-12-10 19:44:12 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. Floor H8D000 2 House floor actions 2025-12-10 19:44:07 Considered under the provisions of rule H. Res. 936. (consideration: CR H5534-5555; text: CR H5540-5546) Floor H30000 2 House floor actions 2025-12-09 19:52:18 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. Floor H1L210 2 House floor actions 2025-06-25 Placed on the Union Calendar, Calendar No. 135. Calendars H12410 2 House floor actions U00135 2025-06-25 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-169. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2025-06-25 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-169. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2025-05-20 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 10. Committee 2025-05-20 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-05-14 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2025-05-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-05-14 Introduced in House IntroReferral 1000 9 Library of Congress W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 N M001137 Rep. Meeks, Gregory W. [D-NY-5] Gregory Meeks D NY W. 5 2025-05-14 True T000486 Rep. Torres, Ritchie [D-NY-15] Ritchie Torres D NY 15 2025-05-14 True S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2025-05-14 True S000250 Rep. Sessions, Pete [R-TX-17] Pete Sessions R TX 17 2025-05-14 True 2025-10-29T18:58:00Z H.R. 3383, Increasing Investor Opportunities Act https://www.cbo.gov/publication/61850 As reported by the House Committee on Financial Services on June 25, 2025 Finance and Financial Sector Banking and financial institutions regulation 2025-05-29T15:23:50Z Financial services and investments 2025-05-29T15:23:50Z Securities 2025-05-29T15:23:50Z Finance and Financial Sector 2025-05-22T17:54:17Z 07 2025-06-25 Reported to House 2025-09-02T21:04:40Z 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.  

]]> Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 Short Titles from RFS (Referred to Senate) bill text 255 INVEST Act of 2025 2025-12-17T04:08:13Z S Senate Referred in Senate RFS Short Titles from RFS (Referred to Senate) bill text 255 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2025-12-17T04:08:13Z S Senate Referred in Senate RFS Display Title 45 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2025-12-13T03:13:20Z Short Title(s) as Passed House 104 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2025-12-13T03:13:19Z H House Engrossed in House EH Official Titles from EH (Engrossed in House) bill text 259 To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds. 2025-12-13T03:13:19Z H House Engrossed in House EH Short Title(s) as Reported to House 102 Increasing Investor Opportunities Act 2025-06-26T07:53:22Z H House Reported in House RH Short Title(s) as Introduced 101 Increasing Investor Opportunities Act 2025-05-15T08:53:18Z Introduced in House IH Official Title as Introduced 6 To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds. 2025-05-15T08:44:42Z Introduced in House IH 127 119 HAMDT An amendment numbered 5 printed in Part B of House Report 119-399 to define and prohibit fees charged by SEC-registered individuals and entities that are not clearly disclosed or proportional to the services provided. Amendment sought to define and prohibit fees charged by Securities and Exchange Commission-registered individuals and entities that are not clearly disclosed or proportional to the services provided. 2026-01-12T09:09:12Z 2025-12-11 On agreeing to the Waters amendment (A005) Failed by recorded vote: 214 - 215 (Roll no. 327). (consideration: CR H5792) 14:34:52 H5792 https://www.congress.gov/congressional-record/volume-171/house-section/page/H5792 Roll no. 327 https://www.congress.gov/votes/house/119-1/327 W000187 Rep. Waters, Maxine [D-CA-43] Maxine Waters D CA 43 2025-12-10T05:00:00Z House of Representatives 119 HR House H 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2026-03-18 6 2025-12-11 14:34:52 Floor 75000 9 Library of Congress 327 House 119 2025-12-11T19:34:52Z 1 https://clerk.house.gov/evs/2025/roll327.xml 2025-12-11 14:34:52 On agreeing to the Waters amendment (A005) Failed by recorded vote: 214 - 215 (Roll no. 327). (consideration: CR H5792) Floor 73000 9 Library of Congress 327 House 119 2025-12-11T19:34:52Z 1 https://clerk.house.gov/evs/2025/roll327.xml 2025-12-10 21:13:25 Amendment (A005) offered by Ms. Waters. (consideration: CR H5551-5555; text: CR H5551-5554) Floor 71000 9 Library of Congress 2025-12-11 14:34:52 House amendment not agreed to: On agreeing to the Waters amendment (A005) Failed by recorded vote: 214 - 215 (Roll no. 327). (consideration: CR H5792) Floor 73000 9 Library of Congress 327 House 119 2025-12-11T19:34:52Z 1 https://clerk.house.gov/evs/2025/roll327.xml 2025-12-11 14:34:52 Roll call votes on amendments in House Floor 75000 9 Library of Congress 327 House 119 2025-12-11T19:34:52Z 1 https://clerk.house.gov/evs/2025/roll327.xml 2025-12-10 21:13:25 House Amendment Offered Floor 71000 9 Library of Congress 126 119 HAMDT An amendment numbered 4 printed in Part B of House Report 119-399 to provide additional transparency and accountability for entities making exempt offerings under Regulation D via additional disclosure requirements on Form Ds. 2025-12-12T16:34:01Z 2025-12-10 On agreeing to the Waters amendment (A004) Failed by voice vote. 21:13:11 W000187 Rep. Waters, Maxine [D-CA-43] Maxine Waters D CA 43 2025-12-10T05:00:00Z House of Representatives 119 HR House H 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2026-03-18 4 2025-12-10 21:13:11 On agreeing to the Waters amendment (A004) Failed by voice vote. Floor 73000 9 Library of Congress 2025-12-10 21:03:14 Amendment (A004) offered by Ms. Waters. (consideration: CR H5549-5551; text: CR H5549-5550) Floor 71000 9 Library of Congress 2025-12-10 21:03:14 House Amendment Offered Floor 71000 9 Library of Congress 2025-12-10 21:13:11 House amendment not agreed to: On agreeing to the Waters amendment (A004) Failed by voice vote. Floor 73000 9 Library of Congress 125 119 HAMDT An amendment numbered 3 printed in Part B of House Report 119-399 to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients. Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients. 2025-12-17T09:09:13Z 2025-12-11 On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791) 14:31:17 H5791 https://www.congress.gov/congressional-record/volume-171/house-section/page/H5791 Roll no. 326 https://www.congress.gov/votes/house/119-1/326 W000187 Rep. Waters, Maxine [D-CA-43] Maxine Waters D CA 43 2025-12-10T05:00:00Z House of Representatives 119 HR House H 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2026-03-18 6 2025-12-11 14:31:17 Floor 75000 9 Library of Congress 326 House 119 2025-12-11T19:31:17Z 1 https://clerk.house.gov/evs/2025/roll326.xml 2025-12-11 14:31:17 On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791) Floor 73000 9 Library of Congress 326 House 119 2025-12-11T19:31:17Z 1 https://clerk.house.gov/evs/2025/roll326.xml 2025-12-10 20:54:56 Amendment (A003) offered by Ms. Waters. (consideration: CR H5548-5549; text: CR H5548) Floor 71000 9 Library of Congress 2025-12-11 14:31:17 House amendment not agreed to: On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791) Floor 73000 9 Library of Congress 326 House 119 2025-12-11T19:31:17Z 1 https://clerk.house.gov/evs/2025/roll326.xml 2025-12-11 14:31:17 Roll call votes on amendments in House Floor 75000 9 Library of Congress 326 House 119 2025-12-11T19:31:17Z 1 https://clerk.house.gov/evs/2025/roll326.xml 2025-12-10 20:54:56 House Amendment Offered Floor 71000 9 Library of Congress 124 119 HAMDT An amendment numbered 2 printed in Part B of House Report 119-399 to modify section 105 to clarify that the subsection may not be construed to authorize expenditures for additional full-time equivalent employees. 2025-12-12T16:28:02Z 2025-12-10 On agreeing to the Self amendment (A002) Agreed to by voice vote. 20:54:39 S001224 Rep. Self, Keith [R-TX-3] Keith Self R TX 3 2025-12-10T05:00:00Z House of Representatives 119 HR House H 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2026-03-18 4 2025-12-10 20:54:39 On agreeing to the Self amendment (A002) Agreed to by voice vote. Floor 72000 9 Library of Congress 2025-12-10 20:49:36 Amendment (A002) offered by Mr. Self. (consideration: CR H5548; text: CR H5548) Floor 71000 9 Library of Congress 2025-12-10 20:49:36 House Amendment Offered Floor 71000 9 Library of Congress 2025-12-10 20:54:39 House amendment agreed to: On agreeing to the Self amendment (A002) Agreed to by voice vote. Floor 72000 9 Library of Congress 123 119 HAMDT An amendment numbered 1 printed in Part B of House Report 119-399 to strike section 307 relating to enhancing multi-class share disclosures. Amendment sought to strike section 307 relating to enhancing multi-class share disclosures. 2025-12-13T09:09:13Z 2025-12-11 On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791) 14:27:35 H5790-5791 https://www.congress.gov/congressional-record/volume-171/house-section/page/H5790-5791 Roll no. 325 https://www.congress.gov/votes/house/119-1/325 S001224 Rep. Self, Keith [R-TX-3] Keith Self R TX 3 2025-12-10T05:00:00Z House of Representatives 119 HR House H 3383 Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025 2026-03-18 6 2025-12-11 14:27:35 Floor 75000 9 Library of Congress 325 House 119 2025-12-11T19:27:35Z 1 https://clerk.house.gov/evs/2025/roll325.xml 2025-12-11 14:27:35 On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791) Floor 73000 9 Library of Congress 325 House 119 2025-12-11T19:27:35Z 1 https://clerk.house.gov/evs/2025/roll325.xml 2025-12-10 20:39:36 Amendment (A001) offered by Mr. Self. (consideration: CR H5547; text: CR H5547) Floor 71000 9 Library of Congress 2025-12-11 14:27:35 House amendment not agreed to: On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791) Floor 73000 9 Library of Congress 325 House 119 2025-12-11T19:27:35Z 1 https://clerk.house.gov/evs/2025/roll325.xml 2025-12-11 14:27:35 Roll call votes on amendments in House Floor 75000 9 Library of Congress 325 House 119 2025-12-11T19:27:35Z 1 https://clerk.house.gov/evs/2025/roll325.xml 2025-12-10 20:39:36 House Amendment Offered Floor 71000 9 Library of Congress Referred in Senate 2025-12-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3383rfs/xml/BILLS-119hr3383rfs.xml Engrossed in House 2025-12-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3383eh/xml/BILLS-119hr3383eh.xml Reported in House 2025-06-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3383rh/xml/BILLS-119hr3383rh.xml Introduced in House 2025-05-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3383ih/xml/BILLS-119hr3383ih.xml 2025-12-15 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. 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