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 Jun 29, 4:13 AM · synced 16h ago

Introduced

2025-07-16

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Bill Engagement

Lobbyists on the case