The U.S. House Financial Services Committee, led by Chairman French Hill, set out plans to take a bipartisan capital-formation package to the House floor next week, centered on the INVEST Act and aimed at expanding access to capital and widening participation in public markets. Under the INVEST Act, certain venture-capital funds would see their cap increased from USD 10 million to USD 50 million and be permitted to have up to 500 investors instead of 250. The package would also allow individuals who pass a knowledge test to qualify as accredited investors, establish a Senior Investor Taskforce at the Securities and Exchange Commission to address exploitation risks facing older Americans, expand investment options for 403(b) retirement savers at schools and nonprofits to align with 401(k) plan options, and seek to make it easier for companies to go and stay public by easing compliance burdens for emerging firms and extending streamlined registration to 400 additional public companies. House floor consideration is expected next week.
U.S. Financial Services Committee 2025-12-05
U.S. House Financial Services Committee to bring INVEST Act capital-formation package to House floor raising certain venture fund caps to USD 50 million
The U.S. House Financial Services Committee, chaired by French Hill, plans to present a bipartisan capital-formation package focused on the INVEST Act to the House floor. Key proposals include raising venture-capital fund caps, expanding accredited investor criteria, and establishing a Senior Investor Taskforce at the Securities and Exchange Commission. The package also aims to align 403(b) retirement options with 401(k) plans and ease compliance for emerging companies.