Access to Small Business Investor Capital Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1808 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1808 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 May 20, 2025 Mr. McCormick (for himself and Ms. Alsobrooks) 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.…