Bill Information for hr3383-119

Long Title

To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to invest in private funds.

Short Title

Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025

Vote Information

Status: PASS_OVER:HOUSE as of 2025-12-11 19:42:29.

Sponsor: This bill was sponsored by Ann Wagner (R-MO).

Party line votes are determined based on this being a R-sponsored piece of legislation. See here for information on how party line votes are determined.

Vote count: There were 4 roll call votes on this bill in total.

Amendments

There were 3 amendments to this bill that received a roll call vote. The amendments are listed below with their sponsors:

• -- Amendment hamdt127-119 filed by Maxine Waters (D) : Amendment sought to define and prohibit fees charged by Securities and Exchange Commission-registered individuals and entities that are not clearly disclosed or proportional to the services provided.
• -- Amendment hamdt125-119 filed by Maxine Waters (D) : Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients.
• -- Amendment hamdt123-119 filed by Keith Self (R) : Amendment sought to strike section 307 relating to enhancing multi-class share disclosures.

Party line votes for these amendments are determined based on the party of the amendment sponsor, NOT the bill's sponsor.

Vote Distribution

This chart shows the distribution of party line and non-party line votes per party for each roll call vote taken.