# 117-hr-935: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021

117-hr-935, Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021, is a 117th Congress bill sponsored by Rep. Huizenga, Bill [R-MI-4] (R-MI); status Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-935
- 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-935
- Congress: 117
- Title: Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2021
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2021-02-08
- Sponsor: Rep. Huizenga, Bill [R-MI-4] (R-MI)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (3)

- Rep. Posey, Bill [R-FL-8] (R-FL), 2021-02-08T00:00:00.000Z
- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2021-02-08T00:00:00.000Z
- Rep. Higgins, Brian [D-NY-26] (D-NY), 2021-02-08T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2022-05-11T00:00:00.000Z | house | On Motion to Suspend the Rules and Pass, as Amended | Passed | 419 | 0 |

## Related bills

- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-5754: Patient Advocate Tracker Act
- 117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doherty, Tyrone Woods, J. Christopher Stevens, and Sean Smith, in recognition of thei…
- 117-hr-1057: Greatest Generation Commemorative Coin Act
- 117-hres-881: Condemning the heinous terrorist attack on Congregation Beth Israel in Colleyville, Texas, on January 15, 2022.

## Sources
- [117-hr-935 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/935)

## Related
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-5754: Patient Advocate Tracker Act](https://policyrisk.com/legislation/117-hr-5754)
- [117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doher…](https://policyrisk.com/legislation/117-hr-310)
- [117-hr-1057: Greatest Generation Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1057)
- [117-hres-881: Condemning the heinous terrorist attack on Congregation Beth Israel in Colleyvi…](https://policyrisk.com/legislation/117-hres-881)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-935 (as of 2025-11-18).