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- H.R.5910
H.R.5910: Holding SPACs Accountable Act of 2021
About This Bill
- Introduced Nov. 9, 2021
- Latest Major Action Nov. 16, 2021
Bill Sponsor
Bill Version
- Introduced in House - Nov. 9, 2021
Bill Summary
Holding SPACs Accountable Act of 2021 This bill revises the exclusion from safe harbor protections from liability applicable to forward-looking statements (i.e., statements that predict, project, or use future events as expectations or possibilities) made in connection with certain investments. Specifically, it excludes from the safe harbor a development stage company that has no specific business plan or purpose or has indicated that its...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Nov. 16, 2021 |
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
|
| Nov. 16, 2021 |
Committee Consideration and Mark-up Session Held.
|
| Nov. 9, 2021 |
Referred to the House Committee on Financial Services.
|
| Nov. 9, 2021 |
Introduced in the House by Michael San Nicolas (D-Guam) |