,,ib ,union ,cal5d> ,no4 #if #aai?      
,,congress  #a/ ,session  ,h4 ,r4 #bbbe 
,report ,no4 #aai-abf ,,9 ,,! ,,h\se ,,(
 ,,repres5tatives  ,m>* #ah1 #bjbe,mr4  
,%]man 7= himself1 ,mr4 ,huiz5ga1 ,mr4  
,g>b>9o1 & ,ms4 ,bynum7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,june 
#c1 #bjbe;,additional sponsors3 ,mr4    
,david ,scott ( ,georgia1 ,mr4 ,meus]1  
,mr4 ,fields1 ,mr4 ,fitzpatrick1 ,ms4   
,/rickl&1 ,mr4 ,/eil1 ,mr4 ,boyle (     
,p5nsylvania1 ,mr4 ,b>r1 ,mrs4 ,wagn]1  
,ms4 ,pett]s51 ,mr4 ,fo/]1 ,mr4 ,nunn ( 
,i[a1 ,ms4 ,velzquez1 ,mr4 ,ca/51 ,mr4  
,himes1 ,mr4 ,cleav]1 ,mr4 ,meeks1 ,mr4 
,got!im]1 ,mr4 ,torres ( ,new ,york1    
,mr4 ,vic5te ,gonzalez ( ,texas1 ,mrs4  
,kim1 & ,ms4 ,m5g  ,june #c1            
#bjbe,report$ ) an am5dm5t1 committ$ to 
! ,committee ( ! ,:ole ,h\se on ! ,/ate 
( ! ,union1 & ord]$ to be printed,strike
 out all aft] ! enact+ clause & ins]t ! 
"p pr9t$ 9 italic,for text ( introduc$  
bill1 see copy ( bill z introduc$ on    

,m>* #ah1 #bjbe  ,a ,,bill  ,to p]mit a 
regi/]$ inve/m5t company to omit c]ta9  
fees f ! calculation ( ,acquir$ ,fund   
,fees & ,exp5ses1 & = o!r purposes4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,access to ,small ,bus9ess ,inve/or     
,capital ,act4  #b4 ,am5dm5ts to acquir$
 fund fees & exp5ses report+ on inve/m5t
 company regi/ration /atem5ts  7a7      
,def9itions ,= purposes ( ?is section3  
7#a7 ,acquir$ ,fund ,! t]m ,acquir$     
,fund has ! mean+ giv5 ! t]m 9 ,=ms     
,n-#a;,a1 ,n-#b1 & ,n-#c4  7#b7 ,acquir$
 ,fund ,fees & ,exp5ses ,! t]m ,acquir$ 
,fund ,fees & ,exp5ses means ! ,acquir$ 
,fund ,fees & ,exp5ses sub-caption 9 !  
,fee ,table ,disclosure4  7#c7 ,bus9ess 
developm5t company ,! t]m bus9ess       
developm5t company has ! mean+ giv5 !   
t]m 9 section #b7;a7 ( ! ,inve/m5t      
,company ,act ( #aidj 7#ae ,u4,s4,c4    
#hj;a-#b7;a774  7#d7 ,fee table         
disclosure ,! t]m ,fee ,table           
,disclosure means ! fee table describ$ 9
 ,item #c ( ,=m ,n-#a;,a1 ,item #c ( ,=m

 ,n-#b1 or ,item #d ( ,=m ,n-#c 7z      
applicable1 & ) respect to ea*1 9 any   
successor fee table disclosure t !      
,securities & ,ex*ange ,commission      
adopts74  7#e7 ,=m ,n-#a;a ,! t]m ,=m   
,n-#a;,a means ! =m describ$ 9 section  
#bgd4aa;,a ( title #ag1 ,code ( ,f$]al  
,regulations1 or any successor          
regulation4  7#f7 ,=m ,n-#b ,! t]m ,=m  
,n-#b means ! =m describ$ 9 section     
#bgd4aa;a-#a ( title #ag1 ,code ( ,f$]al
 ,regulations1 or any successor         
regulation4  7#g7 ,=m ,n-#c ,! t]m ,=m  
,n-#c means ! =m describ$ 9 section     
#bgd4aa;b ( title #ag1 ,code ( ,f$]al   
,regulations1 or any successor          
regulation4  7#h7 ,regi/]$ inve/m5t     
company ,! t]m regi/]$ inve/m5t company 
means an inve/m5t company1 z def9$ "u   
section #c7;a7 ( ! ,inve/m5t ,company   
,act ( #aidj1 regi/]$ ) ! ,securities & 
,ex*ange ,commission "u su* ,act4  7b7  
,exclud+ bus9ess developm5t companies f 
acquir$ fund fees & exp5ses ,a regi/]$  
inve/m5t company may1 on any inve/m5t   

company regi/ration /atem5t fil$        
pursuant to section #h7;b7 ( ! ,inve/m5t
 ,company ,act ( #aidj 7#ae ,u4,s4,c4   
#hj;a-#h7;b771 omit f ! calculation (   
,acquir$ ,fund ,fees & ,exp5ses ^? fees 
& exp5ses t ! inve/m5t company incurr$  
indirectly z a result ( inve/m5t 9 %>es 
( "o or m ,acquir$ ,funds t is a bus9ess
 developm5t company4  ,june #c1         
#bjbe,report$ ) an am5dm5t1 committ$ to 
! ,committee ( ! ,:ole ,h\se on ! ,/ate 
( ! ,union1 & ord]$ to be pr9t$