To exempt transactions by certain victim compensation trusts from the application of section 16 of the Securities Exchange Act of 1934, and for other purposes.
Summary
This bill exempts from securities filing requirements transactions made by a court-approved victim compensation trust established for the benefit of more than 50,000 individuals and entities impacted by one or more natural disasters.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
President
Introduced May 25, 2021
Last action May 25, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 25, 2021
Committee
Referred to the House Committee on Financial Services.
lower
May 25, 2021
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mike Thompson
DDemocratic
Co
Doug LaMalfa
RRepublican
Co
Juan Vargas
DDemocratic
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