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HR 5273 118th Congress House Finance and Financial Sector Business investment and capital Financial services and investments User charges and fees

To permit a registered investment company to omit certain fees from the calculation of Acquired Fund Fees and Expenses, and for other purposes.

Introduced: August 25, 2023 Introduced by: Garbarino, Andrew R. Republican · New York See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 25, 2023
Referred to the House Committee on Financial Services.
Aug 25, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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. 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 August 25, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1