Bill Sponsor
House Amendment 495 to House Bill 477
115th Congress(2017-2018)
An amendment numbered 1 printed in Part A of House Report 115-443 to make several changes that provide additional protections for investors and small businesses. Specifically the amendment includes provisions that would prohibit passive buyers in the M&A transaction, prohibit M&A brokers from binding a party to a transfer of ownership, prohibit M&A brokers from providing financing for the transfer, and require M&A brokers that represent both the buyer and seller to disclose that to both parties and receive written consent.
Agreed To
Agreed to in House on Dec 7, 2017
Submitted
Dec 7, 2017
Latest Action
Dec 7, 2017
Origin Chamber
House
Type
Amendment
Amendment
A proposed change to a pending text (e.g., a bill, resolution, another amendment, or a treaty [or an associated resolution of ratification]).
Amendment Number
495
Congress
115
Sponsorship by Party
Democrat
California
Actions (5)
12/07/2017
House amendment agreed to: On agreeing to the Sherman amendment (A002) Agreed to by voice vote.
12/07/2017
On agreeing to the Sherman amendment (A002) Agreed to by voice vote.
12/07/2017
The previous question was ordered on the amendment and the bill without objection
12/07/2017
Amendment (A002) offered by Mr. Sherman. (consideration: CR H9741-9742; text: CR H9741)
12/07/2017
House amendment offered
Amended Bill
Dec 07, 2017
Passed House
11
Sponsorship
Public Record
Record Updated
Feb 1, 2022 2:28:01 AM