Independence Investment Fund Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6412 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6412 To establish an Independence Investment Fund to facilitate investments in companies developing critical and emerging technologies, such as biotechnology, that significantly enhance the national security and economic security of the United States, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 3, 2025 Mr. Sessions (for himself, Ms. Houlahan, Mr. Khanna, Mrs. Bice, Mr. Davis of North Carolina, and Mrs. McClain Delaney) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To establish an Independence Investment Fund to facilitate investments in companies developing critical and emerging technologies, such as biotechnology, that significantly enhance the national security and economic security of the United States, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Independence Investment Fund Act''. SEC. 2. DEFINITIONS. In this Act: (1) Adversarial investment.--The term ``adversarial investment'' means capital or intellectual property acquisition from 1 or more foreign entities of concern. (2) Appropriate congressional committees.--The term ``appropriate congressional committees'' means-- (A) the Committee on Finance of the Senate; and (B) the Committee on Financial Services of the House of Representatives. (3) Critical and emerging technology.--The term ``critical and emerging technology'' means a technology identified in the most recent critical and emerging technologies list published by the National Science and Technology Council. (4) Foreign entity of concern.--The