Improving Capital Allocation for Newcomers Act of 2025
119-HR-4431119th CongressIntroduced Jul 16, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor
Rep. Timmons, William R. [R-SC-4](R-SC-4)1 cosponsor
Summary
Improving Capital Allocation for Newcomers Act of 2025
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.
Subjects
Banking and financial institutions regulationBusiness investment and capitalBusiness recordsSecurities
Actions (15)
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 2, 2025Senate
Motion to reconsider laid on the table Agreed to without objection.
Dec 1, 2025House floor actions
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4950-4951)
Dec 1, 2025House floor actions
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)
Dec 1, 2025Library of Congress
DEBATE - The House proceeded with forty minutes of debate on H.R. 4431.
Dec 1, 2025House floor actions
Considered under suspension of the rules. (consideration: CR H4950-4952)
Dec 1, 2025House floor actions
Mr. Davidson moved to suspend the rules and pass the bill, as amended.
Dec 1, 2025House floor actions
Placed on the Union Calendar, Calendar No. 205.
Sep 8, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-248.
Sep 8, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-248.
Sep 8, 2025Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 2.
Jul 22, 2025House committee actions
Committee Consideration and Mark-up Session Held
Jul 22, 2025House committee actions
Referred to the House Committee on Financial Services.
Jul 16, 2025House floor actions
Introduced in House
Jul 16, 2025Library of Congress
Introduced in House
Jul 16, 2025Library of Congress