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    <number>1379</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-03-07</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 43 (Tuesday, March 7, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. SHERMAN:H.R. 1379.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clauses 1 and 18 of the United StatesConstitution.The single subject of this legislation is:Financial Services[Page H1150]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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      <item>
        <title>To permit a registered investment company to omit certain fees from the calculation of Acquired Fund Fees and Expenses, and for other purposes.</title>
        <congress>118</congress>
        <number>5273</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2023-08-25</actionDate>
          <text>Referred to the House Committee on Financial Services.</text>
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        <actionDate>2023-03-07</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <fullName>Rep. Sherman, Brad [D-CA-32]</fullName>
        <firstName>BRAD</firstName>
        <lastName>SHERMAN</lastName>
        <party>D</party>
        <state>CA</state>
        <district>32</district>
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        <fullName>Rep. Huizenga, Bill [R-MI-4]</fullName>
        <firstName>Bill</firstName>
        <lastName>Huizenga</lastName>
        <party>R</party>
        <state>MI</state>
        <district>4</district>
        <sponsorshipDate>2023-03-07</sponsorshipDate>
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        <fullName>Rep. Nickel, Wiley [D-NC-13]</fullName>
        <firstName>Wiley</firstName>
        <lastName>Nickel</lastName>
        <party>D</party>
        <state>NC</state>
        <district>13</district>
        <sponsorshipDate>2023-03-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>B001296</bioguideId>
        <fullName>Rep. Boyle, Brendan F. [D-PA-2]</fullName>
        <firstName>Brendan</firstName>
        <lastName>Boyle</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>F.</middleName>
        <district>2</district>
        <sponsorshipDate>2023-03-24</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <fullName>Rep. Meng, Grace [D-NY-6]</fullName>
        <firstName>Grace</firstName>
        <lastName>Meng</lastName>
        <party>D</party>
        <state>NY</state>
        <district>6</district>
        <sponsorshipDate>2023-03-24</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>S001213</bioguideId>
        <fullName>Rep. Steil, Bryan [R-WI-1]</fullName>
        <firstName>Bryan</firstName>
        <lastName>Steil</lastName>
        <party>R</party>
        <state>WI</state>
        <district>1</district>
        <sponsorshipDate>2023-03-24</sponsorshipDate>
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        <bioguideId>A000148</bioguideId>
        <fullName>Rep. Auchincloss, Jake [D-MA-4]</fullName>
        <firstName>Jake</firstName>
        <lastName>Auchincloss</lastName>
        <party>D</party>
        <state>MA</state>
        <district>4</district>
        <sponsorshipDate>2023-03-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <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>2023-03-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>H001047</bioguideId>
        <fullName>Rep. Himes, James A. [D-CT-4]</fullName>
        <firstName>James</firstName>
        <lastName>Himes</lastName>
        <party>D</party>
        <state>CT</state>
        <middleName>A.</middleName>
        <district>4</district>
        <sponsorshipDate>2023-04-03</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>P000620</bioguideId>
        <fullName>Rep. Pettersen, Brittany [D-CO-7]</fullName>
        <firstName>Brittany</firstName>
        <lastName>Pettersen</lastName>
        <party>D</party>
        <state>CO</state>
        <district>7</district>
        <sponsorshipDate>2023-04-06</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001117</bioguideId>
        <fullName>Rep. Casten, Sean [D-IL-6]</fullName>
        <firstName>Sean</firstName>
        <lastName>Casten</lastName>
        <party>D</party>
        <state>IL</state>
        <district>6</district>
        <sponsorshipDate>2023-04-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>V000081</bioguideId>
        <fullName>Rep. Velazquez, Nydia M. [D-NY-7]</fullName>
        <firstName>NYDIA</firstName>
        <lastName>VELAZQUEZ</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>7</district>
        <sponsorshipDate>2023-04-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000581</bioguideId>
        <fullName>Rep. Gonzalez, Vicente [D-TX-34]</fullName>
        <firstName>Vicente</firstName>
        <lastName>Gonzalez</lastName>
        <party>D</party>
        <state>TX</state>
        <district>34</district>
        <sponsorshipDate>2023-04-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000397</bioguideId>
        <fullName>Rep. Kim, Young [R-CA-40]</fullName>
        <firstName>Young</firstName>
        <lastName>Kim</lastName>
        <party>R</party>
        <state>CA</state>
        <district>40</district>
        <sponsorshipDate>2023-04-13</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>N000193</bioguideId>
        <fullName>Rep. Nunn, Zachary [R-IA-3]</fullName>
        <firstName>Zachary</firstName>
        <lastName>Nunn</lastName>
        <party>R</party>
        <state>IA</state>
        <district>3</district>
        <sponsorshipDate>2023-04-19</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>2023-05-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000812</bioguideId>
        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
        <firstName>Ann</firstName>
        <lastName>Wagner</lastName>
        <party>R</party>
        <state>MO</state>
        <district>2</district>
        <sponsorshipDate>2023-05-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000474</bioguideId>
        <fullName>Rep. Flood, Mike [R-NE-1]</fullName>
        <firstName>Mike</firstName>
        <lastName>Flood</lastName>
        <party>R</party>
        <state>NE</state>
        <district>1</district>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000032</bioguideId>
        <fullName>Rep. Donalds, Byron [R-FL-19]</fullName>
        <firstName>Byron</firstName>
        <lastName>Donalds</lastName>
        <party>R</party>
        <state>FL</state>
        <district>19</district>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001282</bioguideId>
        <fullName>Rep. Barr, Andy [R-KY-6]</fullName>
        <firstName>Andy</firstName>
        <lastName>Barr</lastName>
        <party>R</party>
        <state>KY</state>
        <district>6</district>
        <sponsorshipDate>2023-05-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001204</bioguideId>
        <fullName>Rep. Meuser, Daniel [R-PA-9]</fullName>
        <firstName>Daniel</firstName>
        <lastName>Meuser</lastName>
        <party>R</party>
        <state>PA</state>
        <district>9</district>
        <sponsorshipDate>2023-06-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000574</bioguideId>
        <fullName>Rep. Gallego, Ruben [D-AZ-3]</fullName>
        <firstName>Ruben</firstName>
        <lastName>Gallego</lastName>
        <party>D</party>
        <state>AZ</state>
        <district>3</district>
        <sponsorshipDate>2023-10-02</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001221</bioguideId>
        <fullName>Rep. Molinaro, Marcus J. [R-NY-19]</fullName>
        <firstName>Marcus</firstName>
        <lastName>Molinaro</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>J.</middleName>
        <district>19</district>
        <sponsorshipDate>2023-12-29</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000454</bioguideId>
        <fullName>Rep. Foster, Bill [D-IL-11]</fullName>
        <firstName>Bill</firstName>
        <lastName>Foster</lastName>
        <party>D</party>
        <state>IL</state>
        <district>11</district>
        <sponsorshipDate>2024-05-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000583</bioguideId>
        <fullName>Rep. Gottheimer, Josh [D-NJ-5]</fullName>
        <firstName>Josh</firstName>
        <lastName>Gottheimer</lastName>
        <party>D</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2024-06-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000466</bioguideId>
        <fullName>Rep. Fitzpatrick, Brian K. [R-PA-1]</fullName>
        <firstName>Brian</firstName>
        <lastName>Fitzpatrick</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>K.</middleName>
        <district>1</district>
        <sponsorshipDate>2024-08-06</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-03-27T18:47:30Z</updateDate>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-03-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-06-08T11:25:46Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Access to Small Business Investor Capital Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;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. &lt;em&gt;Acquired fund fees and expenses&lt;/em&gt; is a required line item on a fund's fee schedule that provides the operating expenses of the fund.&lt;/p&gt;</text>
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    </summaries>
    <title>Access to Small Business Investor Capital Act</title>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Access to Small Business Investor Capital Act</title>
        <updateDate>2024-06-11T16:14:33Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Access to Small Business Investor Capital Act</title>
        <updateDate>2024-05-24T13:41:51Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>To permit a registered investment company to omit certain fees from the calculation of Acquired Fund Fees and Expenses, and for other purposes.</title>
        <updateDate>2024-03-18T20:25:36Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2023-03-07T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr1379ih/xml/BILLS-118hr1379ih.xml</url>
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    <latestAction>
      <actionDate>2023-03-07</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <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>
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