LINKED BILL
H.R. 3383 — Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025Finance and financial sectorBILL
CRS SUMMARY PREVIEW
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.
VOTE VISUALIZATION
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D — YEA
D — NAY
R — YEA
R — NAY
NOT VOTING
PARTY BREAKDOWN
Democratic100% unity
Yea: 1Nay: 209NV: 6
Republican76% unity
Yea: 53Nay: 165NV: 5
NOTABLE DEFECTIONS
Republican: 53 voted against party majority
ALL VOTES (439)
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AK(1)
AL(7)
AZ(9)
CA(52)
CO(8)
DE(1)
FL(28)
GA(14)
IL(17)
IN(9)
MA(9)
MD(8)
MI(13)
MN(8)
MO(8)
NC(14)
ND(1)
NJ(11)
NY(26)
OH(15)
OR(6)
PA(17)
SC(7)
SD(1)
TN(9)
TX(37)
VA(11)
VT(1)
WA(10)
WI(8)
WY(1)
XX(6)