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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

5 April 2022 · Committee

Status

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

Sponsors

Sen. Kennedy, John [R-LA]

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

  1. 14 December 2021

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 14 December 2021

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 5 April 2022

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 14 December 2021

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 14 December 2021

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 14 December 2021

    Open at official source

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Sponsors

Related records

Sources

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