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- S.3391
S.3391: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
About This Bill
- Introduced Dec. 14, 2021
- Latest Major Action April 5, 2022
Bill Sponsor
Bill Version
- Introduced in Senate - Dec. 14, 2021
Bill Summary
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021 This bill exempts from securities registration requirements certain merger-and-acquisition brokers that facilitate transfer of ownership in privately held companies with earnings or revenues under a specified threshold. However, this exemption shall not apply to certain brokers, including those that provide financing related to the transfer of ownership,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 5, 2022 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| Dec. 14, 2021 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Dec. 14, 2021 |
Introduced in the Senate by John Kennedy (R-La.) |