Bill Sponsor
House Bill 4431
119th Congress(2025-2026)
Improving Capital Allocation for Newcomers Act of 2025
Introduced
Introduced
Introduced in House on Jul 16, 2025
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Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 4431 (Introduced-in-House)


119th CONGRESS
1st Session
H. R. 4431


To amend the Investment Company Act of 1940 with respect to the definition of qualifying venture capital funds, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

July 16, 2025

Mr. Timmons introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To amend the Investment Company Act of 1940 with respect to the definition of qualifying venture capital funds, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Improving Capital Allocation for Newcomers Act of 2025”.

SEC. 2. Qualifying venture capital funds.

Section 3(c)(1) of the Investment Company Act of 1940 (15 U.S.C. 80a–3(c)(1)) is amended—

(1) in the matter preceding subparagraph (A), by striking “250 persons” and inserting “2,000 persons”; and

(2) in subparagraph (C)(i), by striking “$10,000,000” and inserting “$150,000,000”.