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- H.R.2996
H.R.2996: Partnership Rollup Efficiency Act
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about finance and financial sector
- Introduced Nov. 9, 1997
- Latest Major Action Nov. 20, 1997
Bill Sponsor
Bill Summary
Amends the Securities Exchange Act of 1934 to exclude from the definition of limited partnership rollup transaction any combination of a single limited partnership or multiple limited partnerships whose real estate assets consist solely of partial interests in the same property, with an unaffiliated issuer of securities. States that such a combination is not conditioned upon the completion of any other acquisition transaction, in exchange for...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Commerce.
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Referred to the Subcommittee on Finance and Hazardous Materials.
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| Nov. 9, 1997 |
Introduced in the House by Joseph P. Kennedy II (D-Mass.) |