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    <number>7375</number>
    <updateDate>2022-02-09T00:11:01Z</updateDate>
    <updateDateIncludingText>2022-02-09T00:11:01Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-06-25</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 117 (Thursday, June 25, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. SHERMAN:H.R. 7375.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clauses 1 and 18 of the United StatesConstitution.[Page H2517]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2020-06-25T13:07:25Z</date>
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        <actionDate>2020-06-25</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <actionDate>2020-06-25</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2020-06-25</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>S000344</bioguideId>
        <fullName>Rep. Sherman, Brad [D-CA-30]</fullName>
        <firstName>BRAD</firstName>
        <lastName>SHERMAN</lastName>
        <party>D</party>
        <state>CA</state>
        <district>30</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2020-06-25</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000631</bioguideId>
        <fullName>Rep. Dean, Madeleine [D-PA-4]</fullName>
        <firstName>Madeleine</firstName>
        <lastName>Dean</lastName>
        <party>D</party>
        <state>PA</state>
        <district>4</district>
        <sponsorshipDate>2020-08-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001157</bioguideId>
        <fullName>Rep. Scott, David [D-GA-13]</fullName>
        <firstName>David</firstName>
        <lastName>Scott</lastName>
        <party>D</party>
        <state>GA</state>
        <district>13</district>
        <sponsorshipDate>2020-08-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000569</bioguideId>
        <fullName>Rep. Luetkemeyer, Blaine [R-MO-3]</fullName>
        <firstName>Blaine</firstName>
        <lastName>Luetkemeyer</lastName>
        <party>R</party>
        <state>MO</state>
        <district>3</district>
        <sponsorshipDate>2020-12-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Business investment and capital</name>
        </item>
        <item>
          <name>Business records</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Licensing and registrations</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2020-06-25</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2020-11-17T14:34:16Z</updateDate>
        <text><![CDATA[ <p><b>Access to Small Business Investor Capital Act </b></p> <p>This bill directs the Securities and Exchange Commission to specify that a business development company is not considered an acquired fund for the purpose of certain fee and expense calculations as part of investment company registration statements. </p>]]></text>
      </summary>
    </summaries>
    <title>Access to Small Business Investor Capital Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Access to Small Business Investor Capital Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Securities and Exchange Commission to revise rules to exclude business development companies from certain "Acquired Fund fees and expenses" reporting, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Access to Small Business Investor Capital Act</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2020-06-25T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr7375ih/xml/BILLS-116hr7375ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2020-06-25</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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