US Congress Senate Bill 1923 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 7-3-1)
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-14 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014 - Amends the Securities Exchange Act of 1934 to exempt from its registration requirements certain merger and acquisition (M&A) brokers and associated persons. Denies such registration exemption, however, to brokers who: (1) receive, hold, transmit, or have custody of any funds or securities to be exchanged by parties to a transfer of ownership of an eligible privately held company; or (2) engage on behalf of an issuer in a public offering of securities that are either subject to mandatory registration, or with respect to which the issuer must file periodic information, documents, and reports. Prohibits the construction of this Act to limit any other authority of the Securities and Exchange Commission (SEC) to exempt any person, or any class of persons, from any provision of this Act, including any related rule or regulation.

Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2014

Sen. Joe Manchin [D-WV]	Sen. John Barrasso [R-WY]	Sen. Saxby Chambliss [R-GA]	Sen. Tom Coburn [R-OK]
Sen. James Inhofe [R-OK]	Sen. Angus King [I-ME]	Sen. Amy Klobuchar [D-MN]	Sen. Bill Nelson [D-FL]
Sen. Tim Scott [R-SC]	Sen. Pat Toomey [R-PA]	Sen. David Vitter [R-LA]

Date	Chamber	Action
2014-01-14	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HB2274 (Related) 2014-01-15 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB4304 (Related) 2014-06-13 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
HB5405 (Related) 2014-09-17 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB4 (Related) 2014-11-13 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 597.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/senate-bill/1923/all-info
Text	https://www.congress.gov/113/bills/s1923/BILLS-113s1923is.pdf