PoliticalRepoPoliticalRepo

United States · Bill · S

S. 3391 (117th)

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021

openUnited States· United States Congress· EN

Introduced

14 December 2021

Last action

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Sponsors

Subjects

Discovery layer

Source updated

27 May 2026

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, engage on behalf of any party in a transaction involving specified shell companies, or are subject to suspension or revocation of registration.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.