Improving Capital Allocation for Newcomers Act of 2025 passed the House 138 days after introduction and awaits a vote in the Senate
Written by the Congressional Research Service [2]. 105 words.
Improving Capital Allocation for Newcomers Act of 2025 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.
- Committees
- House Financial Services Committee
Senate Banking, Housing, and Urban Affairs Committee - Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 36 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 664 words
- Subjects
- Banking and financial institutions regulationBusiness investment and capitalBusiness recordsSecurities
- Latest action
- Dec 2, 2025: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.