S 3961
117th Congress
Senate
Finance and Financial Sector
Banking and financial institutions regulation
Business investment and capital
Financial services and investments
Securities
Access to Small Business Investor Capital Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 15, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-748.
Mar 30, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 30, 2022
Introduced in Senate
Plain-English summary
Access to Small Business Investor Capital Act
This bill allows a registered investment company to exclude from the calculation of acquired fund fees and expenses those incurred indirectly from investment in a business development company. Instead, such fees and expenses may be disclosed in a footnote. Acquired fund fees and expenses is a required line item on a fund's fee schedule that provides the operating expenses of the fund.
What's happening now
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-748.
Committees of jurisdiction
1