The record

LegislationLegislation· Jun 2025
HR 2225 Passed House — in Senate

Sponsored by Brad Sherman (D)

Access to Small Business Investor Capital Act

Lets investment funds exclude certain fees from disclosures when investing in business development companies.

Tradeoff

Simplifies fee reporting for some investment funds. May reduce transparency about the true cost of investing in business development companies.

What's in it

See official bill text

Passed the House by on June 23, 2025 — sitting in the Senate.

  1. House

    Introduced

    (Mar 18, 2025)

  2. House

    Committee on Financial Services(Mar 18, 2025)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported by (May 20, 2025)

    Committee report H. Rept. 119-126.

  4. House

    Passage of the bill

    Passed by (Jun 23, 2025)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Jun 24, 2025)