To permit a registered investment company to omit certain fees from the calculation of Acquired Fund Fees and Expenses, and for other purposes.

Cost and committee reports

Official records Congress.gov attaches to H.R. 5273.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. GARBARINO, as printed in the Congressional Record (Vol. 169, No. 139, August 25, 2023, Page H4205):
  Article 1, Section 8, Clauses 1 and 18 The single subject of this legislation is: 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.
  Source: Congress.gov, Congressional Record August 25, 2023 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  274 characters

  Congress.gov bill record

  H.R. 5273, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/5273

  Record last updated by Congress.gov

  December 6, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  b61fdfafa382e0d60af68ce3312da7906f5464b6329a8ef44c7b5e532791d5f9

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of December 6, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 5273, last updated December 6, 2025. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.