H.R. 3383: Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
119th Congress · Sponsored from Missouri · In committee
What this bill does
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.
Key facts
- Status In committee
- Introduced 2025-05-14
- Policy area Finance and Financial Sector
- Cosponsors 4
- Latest action Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor
Who funds the sponsor?
Rep. Wagner, Ann [R-MO-2] introduced H.R. 3383. On Voterly you can see their top campaign donors from public Federal Election Commission records — individuals, PACs, and industry groups (follow the money) — and compare that with how they vote.
See Rep. Wagner, Ann [R-MO-2]'s donors & voting record →
Campaign donations show who helps fund the sponsor's election; they are not the same as who drafted or lobbied for the bill text. Lobbying disclosures are separate public records.
Take a position & compare alignment
Agree or disagree with H.R. 3383? Go to the homepage to record your view and compare your stance with how your representatives vote. See Rep. Wagner, Ann [R-MO-2]'s profile to vote on their bills and check your alignment % with the sponsor.
Read the official text on Congress.gov →
Frequently asked questions
What does H.R. 3383 do?
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 prohibi…
Who sponsored H.R. 3383?
Rep. Wagner, Ann [R-MO-2] (R) of Missouri is the lead sponsor.
How do I find out who funds or lobbies for H.R. 3383?
Campaign-finance records (Federal Election Commission) show who funds the bill's sponsor. Separately, federal lobbying disclosures filed under the Lobbying Disclosure Act list the companies and lobbyists who reported lobbying on specific bills. Voterly links the sponsor's donors; lobbying records are public at the U.S. Senate and House lobbying databases.
Is H.R. 3383 now law?
Not yet. The current status is "In committee." See the latest action above for details.