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HB3383Introduced in the House

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

EngrossedSenate Banking, Housing, And Urban Affairs

Introduced by Ann Wagner, District MO-2

What does this bill do?

Plain-English breakdown

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Official description

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

Where it stands

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

December 15, 2025

How did lawmakers vote?

HouseStage: On Agreeing to the Amendment: Waters of California Part B Amendment No. 5 RC# 327 · December 11, 2025

214

Yes

215

No

9

Absent or Not Voting

438 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

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See how each representative voted

RepresentativeDistrictVote
Nicholas BegichAKNo
Barry MooreAL-2No
Shomari FiguresAL-2Yes
Mike D. RogersAL-3No
Robert AderholtAL-4No
Dale StrongAL-5No
Gary PalmerAL-6No
Terri SewellAL-7Yes
Eric CrawfordAR-1No
French HillAR-2No

Bill history

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

  3. Committee Consideration and Mark-up Session Held

  4. Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 10.

  5. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-169.

  6. Placed on the Union Calendar, Calendar No. 135.

  7. Rules Committee Resolution H. Res. 936 Reported to House. Rule provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, H.R. 3668 and S. 1071. The resolution provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, and H.R. 3628 under a structured rule; and H.R. 3668 and S. 1071 under a closed rule. The resolution provides for one motion to recommit on H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, and H.R. 3668; and one motion to commit on S. 1071.

  8. Considered under the provisions of rule H. Res. 936. (consideration: CR H5534-5555; text: CR H5540-5546)

  9. Rule provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, H.R. 3668 and S. 1071. The resolution provides for consideration of H.R. 3898, H.R. 3383, H.R. 3638, and H.R. 3628 under a structured rule; and H.R. 3668 and S. 1071 under a closed rule. The resolution provides for one motion to recommit on H.R. 3898, H.R. 3383, H.R. 3638, H.R. 3628, and H.R. 3668; and one motion to commit on S. 1071.

  10. House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 936 and Rule XVIII.

  11. The Speaker designated the Honorable James C. Moylan to act as Chairman of the Committee.

  12. GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3383.

  13. DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Self amendment No. 1.

  14. POSTPONED PROCEEDINGS - At the conclusion of debate on the Self amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Mr. Self demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.

  15. DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Self amendment No. 2.

  16. DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 3.

  17. POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 3, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.

  18. DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 4.

  19. DEBATE - Pursuant to the provisions of H.Res. 936, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 5.

  20. POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 5, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Ms. Waters demanded a recorded vote, and the Chair postponed further proceedings until a time to be announced.

  21. Mrs. Wagner moved that the committee rise.

  22. On motion that the committee rise Agreed to by voice vote.

  23. Committee of the Whole House on the state of the Union rises leaving H.R. 3383 as unfinished business.

  24. Considered as unfinished business. (consideration: CR H5790-5793)

  25. The House resolved into Committee of the Whole House on the state of the Union for further consideration.

  26. The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3383.

  27. The previous question was ordered pursuant to the rule.

  28. The House adopted the amendments en gros as agreed to by the Committee of the Whole House on the state of the Union.

  29. On passage Passed by recorded vote: 302 - 123 (Roll no. 328).

  30. Motion to reconsider laid on the table Agreed to without objection.

  31. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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