Bill Detail
H.R. 4431
Congress: 119
Title
Improving Capital Allocation for Newcomers Act of 2025
Summary
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.
Sponsor
Rep. William Timmons [R-SC-4]
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Status as of Aug 5, 7:32 PM · synced 8d ago
Introduced
2025-07-16
Data source mode: congress-gov
Bill Engagement
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 ca…
Lobbyists on the case
- Chamber of Commerce of the U.S.A.3 filings · 41 lobs
- Neil Bradley2026 Q1
- Suzanne Clark2026 Q1
Prepared intelligence brief
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