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Make it easier for immigrants to access business loans and investment capital to start new companies.

One policy goal, tracked across every bill that has carried it.

Known asImproving Capital Allocation for Newcomers Act of 2025

What’s happening with Improving Capital Allocation for Newcomers Act of 2025?

The House passed H.R. 4431 on November 30, 2025, but the bill has seen no activity in the Senate since that date. The Senate must now decide whether to schedule a vote, though historical data shows that many bills passed by the House never receive a hearing in the Senate. The primary constraint is the need for 60 votes to advance the legislation in the Senate.

Updated July 9, 2026 · Generated by AI. Always verify with official sources.

Where it stands

Now carried by Improving Capital Allocation for Newcomers Act of 2025 (H.R. 4431 (119th)) →

Legislative Progress

House
Senate

No action since December 2025

President
Law

Next up: The Senate · Nothing moves until they act.

How we got here

Every bill that has carried this goal, oldest first.

  1. Died with Congress · Jan 3, 2025

    Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.

  2. Reintroduced · Jan 3, 2025

    Reintroduced from H.R. 2790 (118th), which died when its Congress ended.

    H.R. 2790 (118th)

Vehicles

Who’s behind it

William Timmons (R-SC)Wrote and sponsored the current bill.