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HR 935 117th Congress House Finance and Financial Sector Banking and financial institutions regulation Business records Corporate finance and management Licensing and registrations Securities Small business

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

Introduced: February 8, 2021 Introduced by: Huizenga, Bill Republican · Michigan See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2022
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 11, 2022
Motion to reconsider laid on the table Agreed to without objection.
May 11, 2022
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)
May 11, 2022
Considered as unfinished business. (consideration: CR H4837-4838)
May 10, 2022
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.
May 10, 2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 935.
May 10, 2022
Considered under suspension of the rules. (consideration: CR H4746-4748)
May 10, 2022
Mr. Garcia (IL) moved to suspend the rules and pass the bill, as amended.
May 10, 2022
Placed on the Union Calendar, Calendar No. 233.
May 10, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-313.
Jul 29, 2021
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Jul 29, 2021
Committee Consideration and Mark-up Session Held.
Jul 28, 2021
Committee Consideration and Mark-up Session Held.
Feb 8, 2021
Referred to the House Committee on Financial Services.
Feb 8, 2021
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
May 11, 2022 House · vote #158 On Motion to Suspend the Rules and Pass, as Amended Passed 419–0 See who voted →
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 Plain-English summary Congressional Research Service

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 have been barred or suspended from association with a broker or dealer.

What's happening now May 12, 2022

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

 Related & companion bills 1
  • S 3391 Related bill Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 1

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 935: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-935/
MLA
"H.R. 935: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-935/.
Bluebook (legal)
H.R. 935, 117th Cong. (2026), https://openamerica.io/bill/117-HR-935/.
Markdown link
[H.R. 935: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021](https://openamerica.io/bill/117-HR-935/)
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