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House vote
Official title: HR 3383: On Agreeing to the Amendment
A vote on a proposed change to the text of this measure.
SourceMotion failed: 212 yes, 212 no, 8 not voting
, HR 3383
Verified, official roll call data
Official source: clerk.house.gov(opens in a new tab)Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Topic: Finance and Financial Sector
What the bill does
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.
Source: Congressional Research Service summary