Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 1379: Access to Small Business Investor Capital Act

Introduced

  1. Introduced (completed)Mar 7, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Mar 7, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

25

Bipartisan support.

Who scored on this bill

12 points earned
  1. 1Brad Sherman D-CA SponsorDrew cross-party cosponsors, introduced, reached a cosponsor milestone3 events+12
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Brad Sherman

History

  1. Mar 7, 2023Introduced in the House by Brad Sherman.
Show the full action history (2 actions)
  1. Mar 7, 2023Introduced in House
  2. Mar 7, 2023Referred to the House Committee on Financial Services.