Increasing Investor Opportunities Act

Floor Speech

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Mrs. WAGNER. Mr. Chair, I would like to share the preliminary estimate by the Congressional Budget Office (CBO) on H.R. 3383, the INVEST Act.

CBO has previously estimated the direct spending and revenue effects, on a preliminary or final basis, for each section of the Rules version of H.R. 3383. CBO and JCT estimate that H.R. 1013 (Retirement Fairness for Charities and Educational Institutions Act of 2025), whose language is mirrored in section 202 of H.R. 3383, would not impact direct spending over the 2026 to 2035 period but would affect the revenues and deficit by an insignificant amount over that same period. For every other bill that has been compiled into H.R. 3383, CBO estimates that there would not be any direct spending or revenue effects over the 2026 to 2035 period.

On a preliminary basis, CBO estimates that the combined bill has no direct spending effects and would impact the revenues and deficit by an insignificant amount over the 2026 to 2035 period.

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