Trafficking Survivors Relief Act of 2025

House Bill

H.R. 1379

119th Congress

Trafficking Survivors Relief Act of 2025

In Committee

Introduced:May 20, 2025

Primary Sponsor

Russell Fry

Representative

Republican

SC-7

Cosponsors

25

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill would allow investment companies to exclude certain fees and expenses from their reported operating costs, making it easier for them to invest in small businesses through vehicles called business development companies.

Latest Action

Referred to the House Committee on Financial Services.

SponsorRussell Fry (R-SC)

Introduced5/20/2025

StatusReferred to the House Committee on the Judiciary.

ChamberHouse

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Vote Prediction

Trafficking Survivors Relief Act of 2025

This bill would allow investment companies to exclude certain fees and expenses from their reported operating costs, making it easier for them to invest in small businesses through vehicles called business development companies.

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill would allow investment companies to exclude certain fees and expenses from their reported operating costs, making it easier for them to invest in small businesses through vehicles called business development companies.

Bill Number: 1379
Sponsor: Russell Fry (R-SC)
Introduced: 5/20/2025
Status: Referred to the House Committee on the Judiciary.
Policy Area: Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Trafficking Survivors Relief Act of 2025
Bill Number: 1379
Sponsor: Russell Fry (R-SC)
Status: Referred to the House Committee on the Judiciary.
Introduced: 5/20/2025
Summary: This bill would allow investment companies to exclude certain fees and expenses from their reported operating costs, making it easier for them to invest in small businesses through vehicles called business development companies.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would allow investment companies to exclude certain fees and expenses from their reported operating costs, making it easier for them to invest in small businesses through vehicles called business development companies.

Last updated: 12/30/2025

Official Summary

Congressional Research Service 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. Instead, such fees and expenses may be disclosed in a footnote. Acquired fund fees and expenses is a required line item on a fund's fee schedule that provides the operating expenses of the fund.

Key Points

Main provisions of the bill

Allows investment companies to exclude from reported operating expenses the fees and expenses incurred from investing in business development companies.
Business development companies provide financing to small and medium-sized businesses.
The change could make it more attractive for investment companies to invest in small businesses through these specialized funds.
The bill aims to improve access to capital for small businesses.

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it could lead to more investment in small businesses through business development companies, as investment companies would be able to report lower operating costs. This could benefit small businesses seeking financing, as well as individual investors in the investment funds.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Related Subjects

Business investment and capital

Financial services and investments

User charges and fees

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

1379, 119th Congress (2025). "Trafficking Survivors Relief Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-1379

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