HOUSE 1379118th CongressReferred to the House Committee on Financial Services.
Access to Small Business Investor Capital Act
- Last Action
- 3/7/2023
Actions
- 2023-03-07Referred to the House Committee on Financial Services.
- 2023-03-07Introduced in House
- 2023-03-07Introduced in House
CRS Summary
As of 2023-03-07 (00)
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.
Cosponsors (20)
- Bill Huizenga (R-MI)
- Wiley Nickel (D-NC)
- Brendan Boyle (D-PA)
- Grace Meng (D-NY)
- Bryan Steil (R-WI)
- Jake Auchincloss (D-MA)
- David Scott (D-GA)
- James Himes (D-CT)
- Brittany Pettersen (D-CO)
- Sean Casten (D-IL)
- NYDIA VELAZQUEZ (D-NY)
- Vicente Gonzalez (D-TX)
- Young Kim (R-CA)
- Zachary Nunn (R-IA)
- Blaine Luetkemeyer (R-MO)
- Ann Wagner (R-MO)
- Mike Flood (R-NE)
- Byron Donalds (R-FL)
- Andy Barr (R-KY)
- Daniel Meuser (R-PA)
Subjects
- Business investment and capital
- Financial services and investments
- User charges and fees
Sourced from Congress.gov (public domain).
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