# 117-hr-5910: Holding SPACs Accountable Act of 2021

117-hr-5910, Holding SPACs Accountable Act of 2021, is a 117th Congress bill sponsored by Del. San Nicolas, Michael F. Q. [D-GU-At Large] (D-GU); status Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-5910
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-5910
- Congress: 117
- Title: Holding SPACs Accountable Act of 2021
- Status: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 27 - 23.
- Introduced: 2021-11-09
- Sponsor: Del. San Nicolas, Michael F. Q. [D-GU-At Large] (D-GU)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Holding SPACs Accountable Act of 2021 This bill revises the exclusion from safe harbor protections from liability applicable to forward-looking statements (i.e., statements that predict, project, or use future events as expectations or possibilities) made in connection with certain investments. Specifically, it excludes from the safe harbor a development stage company that has no specific business plan or purpose or has indicated that its business plan is to acquire or merge with an unidentified company, entity, or person (e.g., a special purpose acquisition company).

## Related bills

- 117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacific American History and Culture Act
- 117-hr-1652: VOCA Fix to Sustain the Crime Victims Fund Act of 2021
- 117-hr-521: First Responder Fair RETIRE Act
- 117-hr-1799: PPP Extension Act of 2021
- 117-hr-5754: Patient Advocate Tracker Act
- 117-hr-2441: Sgt. Ketchum Rural Veterans Mental Health Act of 2021

## Sources
- [117-hr-5910 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/5910)

## Related
- [117-hr-3525: Commission To Study the Potential Creation of a National Museum of Asian Pacifi…](https://policyrisk.com/legislation/117-hr-3525)
- [117-hr-1652: VOCA Fix to Sustain the Crime Victims Fund Act of 2021](https://policyrisk.com/legislation/117-hr-1652)
- [117-hr-521: First Responder Fair RETIRE Act](https://policyrisk.com/legislation/117-hr-521)
- [117-hr-1799: PPP Extension Act of 2021](https://policyrisk.com/legislation/117-hr-1799)
- [117-hr-5754: Patient Advocate Tracker Act](https://policyrisk.com/legislation/117-hr-5754)
- [117-hr-2441: Sgt. Ketchum Rural Veterans Mental Health Act of 2021](https://policyrisk.com/legislation/117-hr-2441)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-5910 (as of 2025-11-18).