119th Congress > House > Vote 324

Date: December 11, 2025

Result: 54-374 (Failed)

Clerk session vote number: 325

Sponsor: WAGNER, Ann (R-MO)

Bill number: HR3383

Question: On Agreeing to the Amendment

Description: Self of Texas Part B Amendment No. 1

Bill summary:

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.  



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

Links for more info on the vote: congress.gov

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