Business Intermediary Education Foundation

Important News Update

On Thursday, December 29th, President Biden signed HR 2617. the Consolidated Appropriation Bill for FY 2023, into law. Among its many provisions was Division AA, Title V, The Small Business Mergers, Acquisitions, Sales & Brokerage Simplification Act of 2021.

The bill contains “a provision that removes regulatory barriers that smother small and midsize businesses aiming to combine to survive today’s economic winds.”
https://cei.org/blog/the-deregulatory-pony-for-small-biz-buried-in-the-omnibus-pile/

Press Release from U.S. House Committee on Financial Services:
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=410053

The bill:
https://www.appropriations.senate.gov/imo/media/doc/JRQ121922.PDF