To amend the Investment Company Act of 1940 with respect to the authority of closed-end companies to... — House Roll Call 325
Failed in the House on December 11, 2025 · 54 Yea, 374 Nay, 11 Not Voting
Question: On Agreeing to the Amendment: Amendment 1 to H R 3383
Increasing Investor Opportunities Act
This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase its investment in private investment funds. Specifically, the Securities and Exchange Commission is prohibited from limiting the sale or listing of securities of a closed-end fund that invests in private investment funds. This bill also apples to a closed-end company treated as a business development company.
Vote Breakdown by Party
Republican: 53 Yea, 164 Nay, 5 not voting/present.
Democrat: 1 Yea, 209 Nay, 6 not voting/present.
Independent: 0 Yea, 1 Nay.
Members Who Voted Against Their Party
Sharice Davids (D-KS) voted Aye while most Democrats voted No.
Brian Babin (R-TX) voted Aye while most Republicans voted No.
Tom Barrett (R-MI) voted Aye while most Republicans voted No.
Jack Bergman (R-MI) voted Aye while most Republicans voted No.
Andy Biggs (R-AZ) voted Aye while most Republicans voted No.
Sheri Biggs (R-SC) voted Aye while most Republicans voted No.
Lauren Boebert (R-CO) voted Aye while most Republicans voted No.
Josh Brecheen (R-OK) voted Aye while most Republicans voted No.
Tim Burchett (R-TN) voted Aye while most Republicans voted No.
Eric Burlison (R-MO) voted Aye while most Republicans voted No.