S 3351
Developing and Empowering our Aspiring Leaders Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:52 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill directs the Securities and Exchange Commission (SEC) to update its regulations regarding what qualifies as an investment for venture capital funds. Specifically, it expands the definition of a ‘qualifying investment’ to include equity securities from portfolio companies and investments in other venture capital funds. The bill also introduces a limit of 49% on the amount of a venture capital fund’s assets held in other venture capital funds or secondary acquisitions. These changes aim to provide greater clarity and flexibility for venture capital investments.
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