House Passes Bill Letting Public Stock-Market Funds Invest in Private Equity
This bill passed the House of Representatives and is now in the Senate Committee on Banking, Housing, and Urban Affairs. No action has been taken on the bill since December 2025, and it is currently stalled. The Senate must decide whether to move the bill forward, but it is common for House bills to remain inactive in the Senate.
302–123
No action since December 2025
How this policy affects specific groups of people
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
Passed/agreed to in House: On passage Passed by recorded vote: 302 - 123 (Roll no. 328).
The House of Representatives voted to approve this bill. It now goes to the Senate.
The House adopted the amendments en gros as agreed to by the Committee of the Whole House on the state of the Union.
On Agreeing to the Amendment
An amendment to elect officers of the House.
On Agreeing to the Amendment
An amendment numbered 2 printed in House Report 119-1 to allow the U.S. Forest Service to approve the removal of hazardous trees near power lines on federal land without requiring a timber sale, easing a serious threat that has in the past been a major cause of destructive wildfires.
On Agreeing to the Amendment
An amendment numbered 2 printed in Part B of House Report 119-2 to delay the enactment of this bill until the Secretary of Health and Human Services and the Attorney General each certify that the bill will lead to a reduction in overdose deaths.

Lawmakers advanced the Increasing Investor Opportunities Act, which would prevent the SEC from blocking closed-end funds from investing in private funds. The bill aims to give wealth managers more flexibility to allocate into private equity and hedge funds for retail clients.
The bipartisan INVEST Act aims to expand private-market access through regulatory reforms, including overhauling the accredited investor definition and allowing closed-end funds to invest more freely in private equity and venture capital.

The House approved the INVEST Act, which reforms the accredited investor definition and allows retail investors to access private securities through public funds. Supporters argue it ends a 'discriminatory' wealth-based system for private market participation.
Document Type
Congressional Bill
Official Title
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Analysis generated by AI. Always verify with official sources.