H.R. 4431119th CongressHouse Bill

Improving Capital Allocation for Newcomers Act of 2025

Passed the House

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.

Introduced Jul 16, 2025Last action Dec 1, 2025
Introduced in HouseJul 16, 2025
Reported by CommitteeJul 22, 2025
Passed HouseDec 1, 2025
4
Senate consideration

Being considered by the Senate

5
Become Law

This house bill has been approved by the House of Representatives and is now before the Senate.

What changed in the latest version · AI-generated

Generating summary…

Who introduced this

Ask AI About This Bill

Get plain-language answers with direct quotes from the bill text.

to ask questions about this bill.

Your Representatives

Enter your address to see how your representatives voted on this bill.

Your address is only used to find your district and is never saved. See how it works

Votes

Public Opinion

No votes yet — be the first to weigh in.

to cast your vote

Your voice matters — let representatives know where you stand.

Comments

No comments yet. to be the first to weigh in.