A bipartisan financial legislative package sponsored by U.S. Rep. Ann Wagner (R-MO) and supported by U.S. Rep. French Hill (R-AK) received approval on Dec. 11 by the U.S. House of Representatives, which advanced the measure to the U.S. Senate for action.
The Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025, or the INVEST Act of 2025, H.R. 3383, passed the House with a 302-123 vote.
“I thank my colleagues for their strong support of my legislation and look forward to the Senate quickly taking action,” said Rep. Wagner, who sponsored the bill on May 14 alongside four original cosponsors, including U.S. Reps. Pete Sessions (R-TX) and Gregory Meeks (D-NY).
If enacted, H.R. 3383 aims to cut red tape in Washington, D.C., empower entrepreneurs and small businesses, and provide Americans with the opportunity to more freely invest, according to a bill summary provided by the congresswoman’s office.
“The INVEST Act will supercharge our economy, provide stability for investors, and help small business owners grow and create jobs in communities around the nation,” Rep. Wagner said. “For too long, capital has been concentrated largely in the coastal regions, leaving out critical regions like the great Midwest.
“The INVEST Act will alleviate that imbalance and support growth in our neighborhoods in Missouri and beyond,” she added. “It will invest in our community, in our jobs, and in our future.”
The U.S. House Financial Services Committee, which is chaired by Rep. Hill, on May 20 voted 41-10 to approve the measure and send it to the full House.
“Today, we ensured the American Dream remains within reach for every family and community across our nation. I applaud the House’s passage of the INVEST Act, which will keep our economy the envy of the world and secure a brighter future for generations to come,” Rep. Hill said on Dec. 11. “Through this bipartisan package, we expanded access to investment capital for new and expanding businesses; provided new investment options for investors and retirement plans; and lowered the costs for companies seeking to go public.”
According to a bill summary provided by the lawmakers, H.R. 3383 would expand access to capital for small businesses by cutting red tape so startups and small businesses can raise capital more efficiently, increasing American competitiveness, economic growth, and job creation, for example.
Additionally the bill would increase opportunities for investors by expanding investment opportunities for Main Street investors, ensuring retirement savers share in the success of tomorrow’s leading companies, and would bolster public markets, such as by streamlining disclosure requirements to make it faster, simpler, and more practical for companies to go and stay public, among several other provisions.