HR 1379
118th Congress
House
Finance and Financial Sector
Business investment and capital
Financial services and investments
User charges and fees
Access to Small Business Investor Capital Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2023
Referred to the House Committee on Financial Services.
Mar 7, 2023
Introduced in House
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
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1