House bill HR1379-118

Financial Services Committee

Access to Small Business Investor Capital Act

• Last activity on Mar 07, 2023

• Introduced Mar 07, 2023

• By Rep. Sherman, Brad [D-CA-32]

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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.

House floor actions Actions

IntroReferral
Mar. 07 2023	Referred to the House Committee on Financial Services.

Library of Congress Actions

IntroReferral
Mar. 07 2023	Introduced in House Introduced in House

House bill HR1379-118

Access to Small Business Investor Capital Act

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