# 119-s-3671: Increasing Investor Opportunities Act

119-s-3671, Increasing Investor Opportunities Act, is a 119th Congress bill sponsored by Sen. Daines, Steve [R-MT] (R-MT); status introduced; PRIA reads it as touching household money (as of 2026-08-06).

- Canonical: https://policyrisk.com/legislation/119-s-3671
- As of: 2026-08-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3671
- Congress: 119
- Title: Increasing Investor Opportunities Act
- Status: introduced
- Introduced: 2026-01-15
- Sponsor: Sen. Daines, Steve [R-MT] (R-MT)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-08-06

## Summary

**Allows closed-end funds to invest in private funds.** This bill would let closed-end investment companies, including business development companies that opt in, invest any or all of their assets in private funds and limits the SEC and national exchanges from blocking those investments or imposing conditions tied to the private fund status.

## Cosponsors (2)

- Sen. Rounds, Mike [R-SD] (R-SD), 2026-01-15T00:00:00.000Z
- Sen. McCormick, David [R-PA] (R-PA), 2026-08-04T00:00:00.000Z

## Provisions PRIA read

- More investment options for investors: benefit, medium. If enacted, the bill would let closed-end investment companies invest some or all of their assets in securities issued by private funds. The Commission would not be able to prohibit or limit those investments or to impose conditions on the offer, sale, or listing of their securities, except for res…

## Related bills

- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-3752: SAVE America Act
- 119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-4429: Connected Vehicle Security Act of 2026

## Sources
- [119-s-3671 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3671)

## Related
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026](https://policyrisk.com/legislation/119-s-5025)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-4429: Connected Vehicle Security Act of 2026](https://policyrisk.com/legislation/119-s-4429)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3671 (as of 2026-08-06).