House passes the Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
On Passage
DEC 11, 2025 · 2:41 PM ET
VOTE ONH.R. 3383Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025DEC 11, 2025 · 2:41 PM ET
PASSED
302–123
Democrats split 87–123; most Republicans voted yes. Cleared the 213 needed by 89 votes.
213 DEM220 REP
YEANAYCROSSEDTAP A SEAT
WHAT WAS DECIDED
What the House was voting on
IN PLAIN WORDS
The House voted on whether to pass H.R. 3383, a bill that would let closed-end funds invest more in private investment funds and bar the SEC from limiting related securities sales or listings. It passed by 89 votes, exceeding the 213 needed.
A YES MEANT
Pass H.R. 3383 in the House and send it to the Senate.
A NO MEANT
Reject H.R. 3383 in the House.
THE MEASURE · H.R. 3383
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
Expands fundraising and investment options, changes public-offering rules, and permits electronic delivery of investor documents.
WHERE IT STANDS · WHAT’S NEXT
Passed the House 302–123 on Dec. 11, 2025. Now waiting in the Senate, 516 days after it was introduced.
DEC 11Motion to reconsider laid on the table Agreed to without objection.
DEC 15Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
WHY IT NEEDED 2132 VACANT · 433 SEATED
213is a majority of the 425 members voting yes or no. Members voting “present” or absent don’t count.
- TIES
- A tie fails in the House: a majority means more yeas than nays.
213 is a majority of the 425 members voting yes or no. Members voting “present” or absent don’t count.
- TIES
- A tie fails in the House: a majority means more yeas than nays.
HOW EACH SIDE VOTED
Democrats splitDemocrats split.
BY PARTYYEA–NAY
Democrats87 CROSSED TO YEA
RepublicansNONE CROSSED
THE ARITHMETICCOUNTS ONLY
215
yeas without the 87 who crossed
302
yeas with them
89
to spare over the 213 needed
THE 87 WHO CROSSEDHOW OFTEN THEY VOTE WITH PARTY
Shomari Figures
D-AL-2 · VOTED YEA
95%
Terri A. Sewell
D-AL-7 · VOTED YEA
96%
Greg Stanton
D-AZ-4 · VOTED YEA
95%
Ami Bera
D-CA-6 · VOTED YEA
97%
Josh Harder
D-CA-9 · VOTED YEA
93%
Adam Gray
D-CA-13 · VOTED YEA
77%
Kevin Mullin
D-CA-15 · VOTED YEA
99%
Sam T. Liccardo
D-CA-16 · VOTED YEA
99%
Zoe Lofgren
D-CA-18 · VOTED YEA
99%
Jimmy Panetta
D-CA-19 · VOTED YEA
92%
Jim Costa
D-CA-21 · VOTED YEA
87%
Salud O. Carbajal
D-CA-24 · VOTED YEA
98%
BY STATEEACH STATE’S DELEGATION
YEAS, UPPER BARNAYS, LOWER BARA MEMBER CROSSEDYOUR STATE
87 CROSSED
The most Democrats to cross on a passage vote since July
67TH
Passage vote in the House this Congress
57
House roll calls in December 2025
215
yeas without the 87
302
yeas with them
89
to spare
THE 87 WHO CROSSED
87 CROSSEDThe most Democrats to cross on a passage vote since July
67THPassage vote in the House this Congress
57House roll calls in December 2025
THE JOURNEY
Every vote on H.R. 3383, in both chambersEvery vote on H.R. 3383
DEC 11HOUSE#328On passageTHIS VOTEPASSED302–123
DEC 11HOUSE#327Amendment H.Amdt. 127FAILED214–215DEC 11HOUSE#326Amendment H.Amdt. 125FAILED211–219DEC 11HOUSE#325Amendment H.Amdt. 123FAILED54–374DEC 10HOUSE#318On the rule (H.Res. 936)AGREED TO215–211DEC 10HOUSE#317Previous question on the rule (H.Res. 936)AGREED TO216–210JUN 25HOUSE—Reported by Financial ServicesREPORTED41–10
HOUSE · DEC 11
302–123
PASSED · NEEDED 213
87 Democrats voted yes
IN THE HOUSE · JUN 25 – DEC 11PASSED 302–123
- JUN 25Reported by Financial ServicesREPORTED41–10
- DEC 10#317Previous question on the rule (H.Res. 936)AGREED TO216–210
- DEC 10#318On the rule (H.Res. 936)AGREED TO215–211
- DEC 11#328THIS VOTEOn passagePASSED302–12389 votes to spare over the 213 needed.
IN THE NEWS · 1 STORYIN THE NEWS
Coverage of this vote and its bill1 story from 1 outlet
+ 1 OUTLET NOT RATED
Lean describes the outlets, not the vote.
READERS · 0 COMMENTS
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