This bill changes how mutual funds and similar funds report certain costs. If a fund invests in a business development company (BDC), it can leave out those indirect costs when it calculates “Acquired Fund Fees and Expenses” (the fee line that shows a fund’s operating costs) in its fee table for investors.
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Updated 1 week ago
Last progress May 20, 2025 (7 months ago)
Last progress June 24, 2025 (6 months ago)
Introduced on March 18, 2025 by Brad Sherman
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2868)
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
