119th Congress Finance and Financial Sector
H.R. 4431: Improving Capital Allocation for Newcomers Act of 2025
Passed House
- Introduced (completed)
- Passed House (completed)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill expands qualification requirements for venture capital funds to include investment firms with more owners and capital contributions. Venture capital funds are exempt from certain regulations applicable to other investment firms, including those related to filings, audits, and restricted communications with investors. Currently, an investment firm qualifies as a venture capital fund if, among other requirements (1) the fund's securities are owned by 250 persons or less, and (2) the fund has $10 million or less in aggregate capital contributions and uncalled committed capital. The bill increases these amounts to 2,000 persons and $150 million, respectively.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Brittany Pettersen D-CO
Who scored on this bill
- 1William Timmons SponsorIntroduced, drew cross-party cosponsors, marked up, reported, passed House5 events+68
- 2Brittany PettersenCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by William Timmons
History
- Passed the House by voice vote.
- Introduced in the House by William Timmons.
Show the full action history (13 actions)
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Mr. Davidson moved to suspend the rules and pass the bill, as amended.
- Considered under suspension of the rules. (consideration: CR H4950-4952)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 4431.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4950-4951)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4950-4951)
- Motion to reconsider laid on the table Agreed to without objection.
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-248.
- Placed on the Union Calendar, Calendar No. 205.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 2.
- Introduced in House
- Referred to the House Committee on Financial Services.