In recent Congresses, some capital markets legislative proposals, such as those that aim to expand on the Jumpstart Our Business Startups Act (JOBS Act; P.L. 112-106), have evolved through multiple iterations. In the 119th Congress, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST…
INVEST Act of 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Activities
Source-heavy congressional process material lives here so the main bill summary can stay focused. Use this tab for committee scheduling, hearings, CRS analysis, committee publications, and amendment text.
CRS Reports
Nonpartisan Congressional Research Service analysis linked directly to this bill.
CRS analysis
Nonpartisan background and policy analysis tied directly to this bill.
Capital markets—the marketplace where securities such as stocks and bonds are issued and traded—provide major sources of funding for U.S. business operations. This In Focus summarizes selected legislative proposals aiming to expand access to funding through capital markets, some of which are under consideration in the…
Congress passed the Securities Exchange Act of 1934 (P.L. 73-291) to create the Securities and Exchange Commission (SEC) in the wake of the stock market crash in 1929 to help restore confidence in capital markets. The SEC is an independent federal regulatory agency responsible for administering federal securities laws…
Committee Meetings
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Committee meetings
RecentHearings
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Committee Reports
Formal committee rationale and report language published for this bill.
INCREASING INVESTOR OPPORTUNITIES ACT
Committee Prints
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Amendments
Structured amendment records, latest actions, vote references, and text links.
Amendment sought to define and prohibit fees charged by Securities and Exchange Commission-registered individuals and entities that are not clearly disclosed or proportional to the services provided.
Latest action: On agreeing to the Waters amendment (A005) Failed by recorded vote: 214 - 215 (Roll no. 327). (consideration: CR H5792)
Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients.
Latest action: On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791)
Amendment sought to strike section 307 relating to enhancing multi-class share disclosures.
Latest action: On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791)
An amendment numbered 4 printed in Part B of House Report 119-399 to provide additional transparency and accountability for entities making exempt offerings under Regulation D via additional disclosure requirements on Form Ds.
Latest action: On agreeing to the Waters amendment (A004) Failed by voice vote.
An amendment numbered 2 printed in Part B of House Report 119-399 to modify section 105 to clarify that the subsection may not be construed to authorize expenditures for additional full-time equivalent employees.
Latest action: On agreeing to the Self amendment (A002) Agreed to by voice vote.