HR4431Passed House

Improving Capital Allocation for Newcomers Act of 2025

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Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-16
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

William R. Timmons IV
William R. Timmons IV
Republican · SC · Representative
Votes with party: 97.0% (541 recorded votes)

Full profile: /officials/T000480

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

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

2025-12-02

Source: Congress.gov

Plain-English 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
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