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- S.1504
S.1504: Sponsor Promote and Compensation Act
About This Bill
- Introduced April 29, 2021
- Latest Major Action April 29, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - April 29, 2021
Bill Summary
Sponsor Promote and Compensation Act This bill establishes additional disclosure requirements for a blank check company (e.g., a special purpose acquisition company) during an initial public offering or prior to a merger. A blank check company is a development stage company that issues a penny stock and (1) has no specific business plan or purpose, or (2) has indicated that its business plan is to merge with a company or companies. ...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 29, 2021 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
April 29, 2021 |
Introduced in the Senate by John Kennedy (R-La.) |