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H.R. 3383 House Finance and Financial Sector

Increasing Investor Opportunities Act

Introduced
May 14, 2025
Sponsor
Rep. Wagner, Ann (R-MO-2)
View on Congress.gov

STAGE 4 OF 8 — HOUSE FLOOR

Currently in the House. Last action: received in the senate and read twice and referred to the committee on banking, housing, and urban affairs on Dec 15, 2025.

  1. House Introduced in House May 14, 2025
  2. House Referred to the House Committee on Financial Services. May 14, 2025
  3. House Committee Consideration and Mark-up Session Held May 20, 2025
  4. House Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 10. May 20, 2025
  5. House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-169. Jun 25, 2025
  6. House Placed on the Union Calendar, Calendar No. 135. Jun 25, 2025
  7. House 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. Dec 9, 2025
  8. House Considered under the provisions of rule H. Res. 936. (consideration: CR H5534-5555; text: CR H5540-5546) Dec 10, 2025
  9. 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. Dec 10, 2025
  10. House House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 936 and Rule XVIII. Dec 10, 2025
  11. House The Speaker designated the Honorable James C. Moylan to act as Chairman of the Committee. Dec 10, 2025
  12. House GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3383. Dec 10, 2025
  13. House 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. Dec 10, 2025
  14. House 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. Dec 10, 2025
  15. House 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. Dec 10, 2025
  16. House 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. Dec 10, 2025
  17. House 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. Dec 10, 2025
  18. House 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. Dec 10, 2025
  19. House 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. Dec 10, 2025
  20. House 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. Dec 10, 2025
  21. House Mrs. Wagner moved that the committee rise. Dec 10, 2025
  22. House On motion that the committee rise Agreed to by voice vote. Dec 10, 2025
  23. House Committee of the Whole House on the state of the Union rises leaving H.R. 3383 as unfinished business. Dec 10, 2025
  24. House Considered as unfinished business. (consideration: CR H5790-5793) Dec 11, 2025
  25. House The House resolved into Committee of the Whole House on the state of the Union for further consideration. Dec 11, 2025
  26. House The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3383. Dec 11, 2025
  27. House The previous question was ordered pursuant to the rule. Dec 11, 2025
  28. House The House adopted the amendments en gros as agreed to by the Committee of the Whole House on the state of the Union. Dec 11, 2025
  29. House Passed/agreed to in House: On passage Passed by recorded vote: 302 - 123 (Roll no. 328). Dec 11, 2025
  30. House On passage Passed by recorded vote: 302 - 123 (Roll no. 328). Dec 11, 2025
  31. House Motion to reconsider laid on the table Agreed to without objection. Dec 11, 2025
  32. House
    On Passage Dec 11, 2025
    Agreed Yea 302 Nay 123 Roll Call
  33. Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Dec 15, 2025

Cosponsors

4

Subjects

Banking and financial institutions regulationFinancial services and investmentsSecurities

Committees

  • Banking, Housing, and Urban Affairs Committee
    • [Referred To, Dec 15, 2025]
  • Financial Services Committee
    • [Reported By, Jun 25, 2025]
    • [Markup By, May 20, 2025]
    • [Referred To, May 14, 2025]

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.  

[Summary as of: Reported to House]

Bill Text

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