H.R. 4431: Improving Capital Allocation for Newcomers 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 | 2025-07-16 |
| Sponsor | Rep. Timmons, William R. [R-SC-4] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 1 |
| Latest action | 2025-12-02 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-18 |
Summary
Official summary (Introduced in House, 2025-07-16):
Improving Capital Allocation for Newcomers Act of 2025
This bill expands qualification requirements for venture capital funds to include investment firms with more owners and capital contributions. Venture capital funds are exempt from certain regulations applicable to other investment firms, including those related to filings, audits, and restricted communications with investors. Currently, an investment firm qualifies as a venture capital fund if, among other requirements (1) the fund's securities are owned by 250 persons or less, and (2) the fund has $10 million or less in aggregate capital contributions and uncalled committed capital. The bill increases these amounts to 2,000 persons and $150 million, respectively.
Cosponsors (1)
| Name | Party / state |
|---|---|
| Brittany Pettersen | D CO 2025-07-21 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 4431 are published by Congress on congress.gov.
View H.R. 4431 on congress.gov →
Frequently asked questions
What is H.R. 4431?
H.R. 4431 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Improving Capital Allocation for Newcomers Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 4431 are available on congress.gov.
Bill data: congress.gov API (official congressional records).