Access to Small Business Investor Capital Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4890 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4890 To permit a registered investment company to omit certain fees from the calculation of acquired fund fees and expenses, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 31, 2024 Mr. Daines introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To permit a registered investment company to omit certain fees from the calculation of acquired fund fees and expenses, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Access to Small Business Investor Capital Act''. SEC. 2. AMENDMENTS TO ACQUIRED FUND FEES AND EXPENSES REPORTING ON INVESTMENT COMPANY REGISTRATION STATEMENTS. (a) Definitions.--In this section: (1) Acquired fund.--The term ``acquired fund'' has the…