H.R. 2225 · 119th Congress

Access to Small Business Investor Capital Act

Introduced Mar 18, 2025Policy area: Finance and Financial Sector

Status: Passed House

  1. Introduced (done)
  2. Committee (done)
  3. Passed House (current)
  4. Passed Senate
  5. To President
  6. Law

Latest action

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

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.

Summary by the Congressional Research Service.

Actions

  1. Senate

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

  2. House

    Motion to reconsider laid on the table Agreed to without objection.

  3. House

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2868)

  4. House

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2225.

  5. House

    Considered under suspension of the rules. (consideration: CR H2868-2869)

  6. House

    Mrs. Wagner moved to suspend the rules and pass the bill, as amended.

  7. House

    Placed on the Union Calendar, Calendar No. 96.

  8. House

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-126.

  9. House

    Ordered to be Reported (Amended) by Voice Vote.

  10. House

    Committee Consideration and Mark-up Session Held

  11. House

    Referred to the House Committee on Financial Services.

  12. Introduced in House