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HOUSE 3546117th CongressReferred to the House Committee on Financial Services.

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.

Last Action
5/25/2021

Actions

  • 2021-05-25Referred to the House Committee on Financial Services.
  • 2021-05-25Introduced in House
  • 2021-05-25Introduced in House

CRS Summary

As of 2021-05-25 (00)

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.

Cosponsors (2)

  • Juan Vargas (D-CA)
  • Doug LaMalfa (R-CA)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.