H.R. 3383: Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-05-14 |
| Sponsor | Rep. Wagner, Ann [R-MO-2] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 4 |
| Latest action | 2025-12-15 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-13 |
Summary
Official summary (Reported to House, 2025-06-25):
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.
Cosponsors (4)
| Name | Party / state |
|---|---|
| Gregory W. Meeks | D NY (original cosponsor) 2025-05-14 |
| Ritchie Torres | D NY (original cosponsor) 2025-05-14 |
| Rep. Scott, David [D-GA-13] | D GA (original cosponsor) 2025-05-14 |
| Pete Sessions | R TX (original cosponsor) 2025-05-14 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 3383 are published by Congress on congress.gov.
View H.R. 3383 on congress.gov →
Frequently asked questions
What is H.R. 3383?
H.R. 3383 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 3383 are available on congress.gov.
Bill data: congress.gov API (official congressional records).