HR6412Referred to Committee

Independence Investment Fund Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-03
Introduced
6
Cosponsors
HR
ⓘ
Type

Sponsor

Pete Sessions
Pete Sessions
Republican · TX · Representative
Votes with party: 98.7% (606 recorded votes)

Full profile: /officials/S000250

Source: Congress.gov · FEC

Cosponsors (6)

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 →

Referred to the House Committee on Financial Services.

2025-12-03

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would likely establish a new investment fund or financial mechanism designed to promote economic independence, though the specific details aren't yet clear from the title alone. Based on its referral to the House Financial Services Committee, it probably aims to help individuals or small businesses access capital or investment opportunities that might otherwise be difficult to obtain. The bill could affect workers, entrepreneurs, or investors depending on how the fund operates and who is eligible to participate.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.