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HR2225Passed House

Access to Small Business Investor Capital Act

Share:
Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-03-18
Introduced
25
Cosponsors
HR
ⓘ
Type

Sponsor

Brad Sherman
Brad Sherman
Democrat · CA · Representative
Votes with party: 97.5% (589 recorded votes)

Full profile: /officials/S000344

Source: Congress.gov · FEC

Cosponsors (25)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

25 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2025-06-24

Source: Congress.gov

Committee Activity

Currently in

  • Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2025-06-24
  • House Committee on Financial ServicesReported By · 2025-06-03

Previously

  • House Committee on Financial ServicesMarkup By · 2025-05-20
  • House Committee on Financial ServicesReferred To · 2025-03-18

Plain-English Summary

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. Acquired fund fees and expenses is a required line item on a fund's fee schedule that provides the operating expenses of the fund.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

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