<billStatus>
 <version>
  3.0.0
 </version>
 <bill>
  <number>
   935
  </number>
  <updateDate>
   2023-12-05T10:26:19Z
  </updateDate>
  <updateDateIncludingText>
   2023-12-05T10:26:19Z
  </updateDateIncludingText>
  <originChamber>
   House
  </originChamber>
  <type>
   HR
  </type>
  <introducedDate>
   2021-02-08
  </introducedDate>
  <congress>
   117
  </congress>
  <constitutionalAuthorityStatementText>
   &lt;pre&gt;[Congressional Record Volume 167, Number 23 (Monday, February 8, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. HUIZENGA:H.R. 935.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses I (``The Congress shall havePower To lay and collect Taxes, Duties, Imposts and Excises,to pay the Debts and provide for the common Defense andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States''),3 (``To regulate Commerce with foreign Nations, and among theseveral States, and with the Indian Tribes''), and 18 (``Tomake all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof).[Page H483]&lt;/pre&gt;
  </constitutionalAuthorityStatementText>
  <committees>
   <item>
    <systemCode>
     ssbk00
    </systemCode>
    <name>
     Banking, Housing, and Urban Affairs Committee
    </name>
    <chamber>
     Senate
    </chamber>
    <type>
     Standing
    </type>
    <activities>
     <item>
      <name>
       Referred to
      </name>
      <date>
       2022-05-12T18:53:02Z
      </date>
     </item>
    </activities>
   </item>
   <item>
    <systemCode>
     hsba00
    </systemCode>
    <name>
     Financial Services Committee
    </name>
    <chamber>
     House
    </chamber>
    <type>
     Standing
    </type>
    <activities>
     <item>
      <name>
       Reported by
      </name>
      <date>
       2022-05-10T19:50:00Z
      </date>
     </item>
     <item>
      <name>
       Markup by
      </name>
      <date>
       2021-07-29T12:33:51Z
      </date>
     </item>
     <item>
      <name>
       Markup by
      </name>
      <date>
       2021-07-28T12:28:26Z
      </date>
     </item>
     <item>
      <name>
       Referred to
      </name>
      <date>
       2021-02-08T19:06:00Z
      </date>
     </item>
    </activities>
   </item>
  </committees>
  <committeeReports>
   <committeeReport>
    <citation>
     H. Rept. 117-313
    </citation>
   </committeeReport>
  </committeeReports>
  <relatedBills>
   <item>
    <title>
     Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
    </title>
    <congress>
     117
    </congress>
    <number>
     3391
    </number>
    <type>
     S
    </type>
    <latestAction>
     <actionDate>
      2022-04-05
     </actionDate>
     <text>
      Committee on Banking, Housing, and Urban Affairs. Hearings held.
     </text>
    </latestAction>
    <relationshipDetails>
     <item>
      <type>
       Related bill
      </type>
      <identifiedBy>
       CRS
      </identifiedBy>
     </item>
    </relationshipDetails>
   </item>
  </relatedBills>
  <actions>
   <item>
    <actionDate>
     2022-05-12
    </actionDate>
    <committees>
     <item>
      <systemCode>
       ssbk00
      </systemCode>
      <name>
       Banking, Housing, and Urban Affairs Committee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <name>
      Senate
     </name>
    </sourceSystem>
    <text>
     Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
    </text>
    <type>
     IntroReferral
    </type>
   </item>
   <item>
    <actionDate>
     2022-05-11
    </actionDate>
    <actionTime>
     17:17:19
    </actionTime>
    <text>
     Motion to reconsider laid on the table Agreed to without objection.
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H38310
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2022-05-11
    </actionDate>
    <actionTime>
     17:17:18
    </actionTime>
    <text>
     On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 158). (text: 05/10/2022 CR H4746-4747)
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H37300
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <recordedVotes>
     <recordedVote>
      <rollNumber>
       158
      </rollNumber>
      <url>
       https://clerk.house.gov/evs/2022/roll158.xml
      </url>
      <chamber>
       House
      </chamber>
      <congress>
       117
      </congress>
      <date>
       2022-05-11T21:17:18Z
      </date>
      <sessionNumber>
       2
      </sessionNumber>
     </recordedVote>
    </recordedVotes>
   </item>
   <item>
    <actionDate>
     2022-05-11
    </actionDate>
    <actionTime>
     17:17:18
    </actionTime>
    <text>
     Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 158).
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     8000
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
    <recordedVotes>
     <recordedVote>
      <rollNumber>
       158
      </rollNumber>
      <url>
       https://clerk.house.gov/evs/2022/roll158.xml
      </url>
      <chamber>
       House
      </chamber>
      <congress>
       117
      </congress>
      <date>
       2022-05-11T21:17:18Z
      </date>
      <sessionNumber>
       2
      </sessionNumber>
     </recordedVote>
    </recordedVotes>
   </item>
   <item>
    <actionDate>
     2022-05-11
    </actionDate>
    <actionTime>
     17:03:55
    </actionTime>
    <text>
     Considered as unfinished business. (consideration: CR H4837-4838)
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H30000
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <actionTime>
     16:13:35
    </actionTime>
    <text>
     At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H37220
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <actionTime>
     15:59:15
    </actionTime>
    <text>
     DEBATE - The House proceeded with forty minutes of debate on H.R. 935.
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H8D000
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <actionTime>
     15:59:13
    </actionTime>
    <text>
     Considered under suspension of the rules. (consideration: CR H4746-4748)
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H30000
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <actionTime>
     15:58:54
    </actionTime>
    <text>
     Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.
    </text>
    <type>
     Floor
    </type>
    <actionCode>
     H30300
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <text>
     Placed on the Union Calendar, Calendar No. 233.
    </text>
    <type>
     Calendars
    </type>
    <actionCode>
     H12410
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <calendarNumber>
     <calendar>
      U00233
     </calendar>
    </calendarNumber>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <text>
     Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
    </text>
    <type>
     Committee
    </type>
    <actionCode>
     H12200
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hsba00
      </systemCode>
      <name>
       Financial Services Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2022-05-10
    </actionDate>
    <text>
     Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
    </text>
    <type>
     Committee
    </type>
    <actionCode>
     5000
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hsba00
      </systemCode>
      <name>
       Financial Services Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2021-07-29
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hsba00
      </systemCode>
      <name>
       Financial Services Committee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-07-29
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hsba00
      </systemCode>
      <name>
       Financial Services Committee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Committee Consideration and Mark-up Session Held.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-07-28
    </actionDate>
    <committees>
     <item>
      <systemCode>
       hsba00
      </systemCode>
      <name>
       Financial Services Committee
      </name>
     </item>
    </committees>
    <sourceSystem>
     <code>
      1
     </code>
     <name>
      House committee actions
     </name>
    </sourceSystem>
    <text>
     Committee Consideration and Mark-up Session Held.
    </text>
    <type>
     Committee
    </type>
   </item>
   <item>
    <actionDate>
     2021-02-08
    </actionDate>
    <text>
     Referred to the House Committee on Financial Services.
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     H11100
    </actionCode>
    <sourceSystem>
     <code>
      2
     </code>
     <name>
      House floor actions
     </name>
    </sourceSystem>
    <committees>
     <item>
      <systemCode>
       hsba00
      </systemCode>
      <name>
       Financial Services Committee
      </name>
     </item>
    </committees>
   </item>
   <item>
    <actionDate>
     2021-02-08
    </actionDate>
    <text>
     Introduced in House
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     Intro-H
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
   </item>
   <item>
    <actionDate>
     2021-02-08
    </actionDate>
    <text>
     Introduced in House
    </text>
    <type>
     IntroReferral
    </type>
    <actionCode>
     1000
    </actionCode>
    <sourceSystem>
     <code>
      9
     </code>
     <name>
      Library of Congress
     </name>
    </sourceSystem>
   </item>
  </actions>
  <sponsors>
   <item>
    <bioguideId>
     H001058
    </bioguideId>
    <fullName>
     Rep. Huizenga, Bill [R-MI-2]
    </fullName>
    <firstName>
     Bill
    </firstName>
    <lastName>
     Huizenga
    </lastName>
    <party>
     R
    </party>
    <state>
     MI
    </state>
    <district>
     2
    </district>
    <isByRequest>
     N
    </isByRequest>
   </item>
  </sponsors>
  <cosponsors>
   <item>
    <bioguideId>
     H001038
    </bioguideId>
    <fullName>
     Rep. Higgins, Brian [D-NY-26]
    </fullName>
    <firstName>
     Brian
    </firstName>
    <lastName>
     Higgins
    </lastName>
    <party>
     D
    </party>
    <state>
     NY
    </state>
    <district>
     26
    </district>
    <sponsorshipDate>
     2021-02-08
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     P000599
    </bioguideId>
    <fullName>
     Rep. Posey, Bill [R-FL-8]
    </fullName>
    <firstName>
     Bill
    </firstName>
    <lastName>
     Posey
    </lastName>
    <party>
     R
    </party>
    <state>
     FL
    </state>
    <district>
     8
    </district>
    <sponsorshipDate>
     2021-02-08
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
   <item>
    <bioguideId>
     M000087
    </bioguideId>
    <fullName>
     Rep. Maloney, Carolyn B. [D-NY-12]
    </fullName>
    <firstName>
     CAROLYN
    </firstName>
    <lastName>
     MALONEY
    </lastName>
    <party>
     D
    </party>
    <state>
     NY
    </state>
    <middleName>
     B.
    </middleName>
    <district>
     12
    </district>
    <sponsorshipDate>
     2021-02-08
    </sponsorshipDate>
    <isOriginalCosponsor>
     True
    </isOriginalCosponsor>
   </item>
  </cosponsors>
  <cboCostEstimates>
   <item>
    <pubDate>
     2022-01-12T22:48:00Z
    </pubDate>
    <title>
     H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
    </title>
    <url>
     https://www.cbo.gov/publication/57757
    </url>
    <description>
     As ordered reported by the House Committee on Financial Services on July 29, 2021
    </description>
   </item>
  </cboCostEstimates>
  <policyArea>
   <name>
    Finance and Financial Sector
   </name>
  </policyArea>
  <subjects>
   <legislativeSubjects>
    <item>
     <name>
      Banking and financial institutions regulation
     </name>
    </item>
    <item>
     <name>
      Business records
     </name>
    </item>
    <item>
     <name>
      Corporate finance and management
     </name>
    </item>
    <item>
     <name>
      Licensing and registrations
     </name>
    </item>
    <item>
     <name>
      Securities
     </name>
    </item>
    <item>
     <name>
      Small business
     </name>
    </item>
   </legislativeSubjects>
   <policyArea>
    <name>
     Finance and Financial Sector
    </name>
   </policyArea>
  </subjects>
  <summaries>
   <summary>
    <versionCode>
     00
    </versionCode>
    <actionDate>
     2021-02-08
    </actionDate>
    <actionDesc>
     Introduced in House
    </actionDesc>
    <updateDate>
     2021-06-28T15:27:39Z
    </updateDate>
    <text>
     &lt;p&gt;&lt;b&gt;Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill exempts from&amp;nbsp;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.&lt;/p&gt;
    </text>
   </summary>
   <summary>
    <versionCode>
     07
    </versionCode>
    <actionDate>
     2022-05-10
    </actionDate>
    <actionDesc>
     Reported to House
    </actionDesc>
    <updateDate>
     2022-05-13T15:29:40Z
    </updateDate>
    <text>
     &lt;p&gt;&lt;b&gt;Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill exempts from&amp;nbsp;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 have been barred or suspended from association with a broker or dealer.&lt;/p&gt;
    </text>
   </summary>
   <summary>
    <versionCode>
     53
    </versionCode>
    <actionDate>
     2022-05-11
    </actionDate>
    <actionDesc>
     Passed House
    </actionDesc>
    <updateDate>
     2022-05-16T16:31:27Z
    </updateDate>
    <text>
     &lt;p&gt;&lt;b&gt;Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill exempts from&amp;nbsp;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 have been barred or suspended from association with a broker or dealer.&lt;/p&gt;
    </text>
   </summary>
  </summaries>
  <title>
   Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
  </title>
  <titles>
   <item>
    <titleType>
     Display Title
    </titleType>
    <title>
     Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
    </title>
   </item>
   <item>
    <titleType>
     Official Title as Introduced
    </titleType>
    <title>
     To amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies.
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
   <item>
    <titleType>
     Short Title(s) as Passed House
    </titleType>
    <title>
     Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
    </title>
    <chamberCode>
     H
    </chamberCode>
    <chamberName>
     House
    </chamberName>
    <billTextVersionName>
     Engrossed in House
    </billTextVersionName>
    <billTextVersionCode>
     EH
    </billTextVersionCode>
   </item>
   <item>
    <titleType>
     Short Title(s) as Reported to House
    </titleType>
    <title>
     Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
    </title>
    <chamberCode>
     H
    </chamberCode>
    <chamberName>
     House
    </chamberName>
    <billTextVersionName>
     Reported in House
    </billTextVersionName>
    <billTextVersionCode>
     RH
    </billTextVersionCode>
   </item>
   <item>
    <titleType>
     Short Title(s) as Introduced
    </titleType>
    <title>
     Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
    </title>
    <billTextVersionName>
     Introduced in House
    </billTextVersionName>
    <billTextVersionCode>
     IH
    </billTextVersionCode>
   </item>
  </titles>
  <textVersions>
   <item>
    <type>
     Referred in Senate
    </type>
    <date>
     2022-05-12T04:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr935rfs/xml/BILLS-117hr935rfs.xml
      </url>
     </item>
    </formats>
   </item>
   <item>
    <type>
     Engrossed in House
    </type>
    <date>
     2022-05-11T04:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr935eh/xml/BILLS-117hr935eh.xml
      </url>
     </item>
    </formats>
   </item>
   <item>
    <type>
     Reported in House
    </type>
    <date>
     2022-05-10T04:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr935rh/xml/BILLS-117hr935rh.xml
      </url>
     </item>
    </formats>
   </item>
   <item>
    <type>
     Introduced in House
    </type>
    <date>
     2021-02-08T05:00:00Z
    </date>
    <formats>
     <item>
      <url>
       https://www.govinfo.gov/content/pkg/BILLS-117hr935ih/xml/BILLS-117hr935ih.xml
      </url>
     </item>
    </formats>
   </item>
  </textVersions>
  <latestAction>
   <actionDate>
    2022-05-12
   </actionDate>
   <text>
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
   </text>
  </latestAction>
 </bill>
 <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
  <dc:format>
   text/xml
  </dc:format>
  <dc:language>
   EN
  </dc:language>
  <dc:rights>
   Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  </dc:rights>
  <dc:contributor>
   Congressional Research Service, Library of Congress
  </dc:contributor>
  <dc:description>
   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
  </dc:description>
 </dublinCore>
</billStatus>

2022-05-12
Banking, Housing, and Urban Affairs Committee
ssbk00
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
H38310
2022-05-11
2
House floor actions
Motion to reconsider laid on the table Agreed to without objection.
Floor
H37300
2022-05-11
2
House floor actions
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 158). (text: 05/10/2022 CR H4746-4747)
Floor
8000
2022-05-11
9
Library of Congress
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 158).
Floor
H30000
2022-05-11
2
House floor actions
Considered as unfinished business. (consideration: CR H4837-4838)
Floor
H37220
2022-05-10
2
House floor actions
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Floor
H8D000
2022-05-10
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 935.
Floor
H30000
2022-05-10
2
House floor actions
Considered under suspension of the rules. (consideration: CR H4746-4748)
Floor
H30300
2022-05-10
2
House floor actions
Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.
Floor
H12410
2022-05-10
2
House floor actions
Placed on the Union Calendar, Calendar No. 233.
Calendars
H12200
2022-05-10
Financial Services Committee
hsba00
2
House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
Committee
5000
2022-05-10
Financial Services Committee
hsba00
9
Library of Congress
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
Committee
2021-07-29
Financial Services Committee
hsba00
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committee
2021-07-29
Financial Services Committee
hsba00
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
2021-07-28
Financial Services Committee
hsba00
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
H11100
2021-02-08
Financial Services Committee
hsba00
2
House floor actions
Referred to the House Committee on Financial Services.
IntroReferral
Intro-H
2021-02-08
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-02-08
9
Library of Congress
Introduced in House
IntroReferral
As ordered reported by the House Committee on Financial Services on July 29, 2021
2022-01-12T22:48:00Z
H.R. 935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
https://www.cbo.gov/publication/57757
H. Rept. 117-313
2022-05-12T18:53:02Z
Referred to
Senate
Banking, Housing, and Urban Affairs Committee
ssbk00
Standing
2022-05-10T19:50:00Z
Reported by
2021-07-29T12:33:51Z
Markup by
2021-07-28T12:28:26Z
Markup by
2021-02-08T19:06:00Z
Referred to
House
Financial Services Committee
hsba00
Standing
H001038
26
Brian
Rep. Higgins, Brian [D-NY-26]
Higgins
D
2021-02-08
NY
P000599
8
Bill
Rep. Posey, Bill [R-FL-8]
Posey
R
2021-02-08
FL
M000087
12
CAROLYN
Rep. Maloney, Carolyn B. [D-NY-12]
MALONEY
B.
D
2021-02-08
NY
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-02-08
2022-05-12
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
House
Finance and Financial Sector
2022-04-05
Committee on Banking, Housing, and Urban Affairs. Hearings held.
CRS
Related bill
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
S
H001058
2
Bill
Rep. Huizenga, Bill [R-MI-2]
N
Huizenga
R
MI
Banking and financial institutions regulation Business records Corporate finance and management Licensing and registrations Securities Small business
2021-02-08
Introduced in House
 <p><b>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021</b></p> <p>This bill exempts from&nbsp;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.</p>
2021-06-28T15:27:39Z
00
2022-05-10
Reported to House
 <p><b>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021</b></p> <p>This bill exempts from&nbsp;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 have been barred or suspended from association with a broker or dealer.</p>
2022-05-13T15:29:40Z
07
2022-05-11
Passed House
 <p><b>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021</b></p> <p>This bill exempts from&nbsp;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 have been barred or suspended from association with a broker or dealer.</p>
2022-05-16T16:31:27Z
53
2022-05-12T04:00:00Z
Referred in Senate
https://www.govinfo.gov/content/pkg/BILLS-117hr935rfs/xml/BILLS-117hr935rfs.xml
2022-05-11T04:00:00Z
Engrossed in House
https://www.govinfo.gov/content/pkg/BILLS-117hr935eh/xml/BILLS-117hr935eh.xml
2022-05-10T04:00:00Z
Reported in House
https://www.govinfo.gov/content/pkg/BILLS-117hr935rh/xml/BILLS-117hr935rh.xml
2021-02-08T05:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr935ih/xml/BILLS-117hr935ih.xml
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Display Title
IH
Introduced in House
To amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies.
Official Title as Introduced
EH
Engrossed in House
H
House
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Short Title(s) as Passed House
RH
Reported in House
H
House
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Short Title(s) as Reported to House
IH
Introduced in House
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Short Title(s) as Introduced
HR
2023-12-05T10:26:19Z
2023-12-05T10:26:19Z
3.0.0
2022-04-05
Committee on Banking, Housing, and Urban Affairs. Hearings held.
CRS
Related bill
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
S
2022-05-12
Banking, Housing, and Urban Affairs Committee
ssbk00
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
H38310
2022-05-11
2
House floor actions
Motion to reconsider laid on the table Agreed to without objection.
Floor
H37300
2022-05-11
2
House floor actions
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 158). (text: 05/10/2022 CR H4746-4747)
Floor
8000
2022-05-11
9
Library of Congress
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 158).
Floor
H30000
2022-05-11
2
House floor actions
Considered as unfinished business. (consideration: CR H4837-4838)
Floor
H37220
2022-05-10
2
House floor actions
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Floor
H8D000
2022-05-10
2
House floor actions
DEBATE - The House proceeded with forty minutes of debate on H.R. 935.
Floor
H30000
2022-05-10
2
House floor actions
Considered under suspension of the rules. (consideration: CR H4746-4748)
Floor
H30300
2022-05-10
2
House floor actions
Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.
Floor
H12410
2022-05-10
2
House floor actions
Placed on the Union Calendar, Calendar No. 233.
Calendars
H12200
2022-05-10
Financial Services Committee
hsba00
2
House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
Committee
5000
2022-05-10
Financial Services Committee
hsba00
9
Library of Congress
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
Committee
2021-07-29
Financial Services Committee
hsba00
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Committee
2021-07-29
Financial Services Committee
hsba00
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
2021-07-28
Financial Services Committee
hsba00
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
H11100
2021-02-08
Financial Services Committee
hsba00
2
House floor actions
Referred to the House Committee on Financial Services.
IntroReferral
Intro-H
2021-02-08
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-02-08
9
Library of Congress
Introduced in House
IntroReferral
H001058
2
Bill
Rep. Huizenga, Bill [R-MI-2]
N
Huizenga
R
MI
H001038
26
Brian
Rep. Higgins, Brian [D-NY-26]
Higgins
D
2021-02-08
NY
P000599
8
Bill
Rep. Posey, Bill [R-FL-8]
Posey
R
2021-02-08
FL
M000087
12
CAROLYN
Rep. Maloney, Carolyn B. [D-NY-12]
MALONEY
B.
D
2021-02-08
NY
Banking and financial institutions regulation Business records Corporate finance and management Licensing and registrations Securities Small business
2021-02-08
Introduced in House
 <p><b>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021</b></p> <p>This bill exempts from&nbsp;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.</p>
2021-06-28T15:27:39Z
00
2022-05-10
Reported to House
 <p><b>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021</b></p> <p>This bill exempts from&nbsp;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 have been barred or suspended from association with a broker or dealer.</p>
2022-05-13T15:29:40Z
07
2022-05-11
Passed House
 <p><b>Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021</b></p> <p>This bill exempts from&nbsp;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 have been barred or suspended from association with a broker or dealer.</p>
2022-05-16T16:31:27Z
53
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Display Title
IH
Introduced in House
To amend the Securities Exchange Act of 1934 to exempt from registration brokers performing services in connection with the transfer of ownership of smaller privately held companies.
Official Title as Introduced
EH
Engrossed in House
H
House
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Short Title(s) as Passed House
RH
Reported in House
H
House
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Short Title(s) as Reported to House
IH
Introduced in House
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
Short Title(s) as Introduced
2022-05-12
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.