SecBot SecBot

Access to Small Business Investor Capital Act

S. 1808 Sen. David McCormick (R-PA) In committee
Bill text PDF
  1. Introduced May 20
  2. Committee May 20
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, May 20, 2025Next: Senate vote
526d ago May 20, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 2 filings
Subscribe to see spend
Member trades
0trades in the last 90 days
None in these companies
Who backs the bill and who pushes back Subscribe

Companies lobbying on this bill

1 company
Companies by sector
Financials 1
Search all 1 companies, their asks and price moves Subscribe

Summary

This bill allows registered investment companies to exclude certain fees from the calculation of acquired fund fees and expenses on their registration statements. Sec. 2, Amendments to acquired fund fees and expenses reporting on investment company registration statements: This section defines key terms such as 'acquired fund,' 'acquired fund fees and expenses,' 'business development company,' 'fee table disclosure,' and various SEC forms. It permits a registered investment company to omit from the calculation of acquired fund fees and expenses those fees and expenses incurred indirectly from investing in shares of an acquired fund that is a business development company.

Summary of the bill text as introduced in Senate (May 20, 2025), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.