summary
Introduced
02/04/2021
02/04/2021
In Committee
05/13/2021
05/13/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To promote antitrust enforcement and protect competition through adjusting premerger filing fees, and increasing antitrust enforcement resources.
AI Summary
This bill, the Merger Filing Fee Modernization Act of 2021, aims to promote antitrust enforcement and protect competition by adjusting premerger filing fees and increasing antitrust enforcement resources. The key provisions include: (1) adjusting the filing fees for mergers and acquisitions based on the total transaction value, with higher fees for larger transactions; (2) automatically increasing the filing fees each year based on the Consumer Price Index; and (3) authorizing $252 million in appropriations for the Antitrust Division of the Department of Justice and $418 million for the Federal Trade Commission for fiscal year 2022 to enhance antitrust enforcement efforts.
Committee Categories
Justice
Sponsors (3)
Last Action
Committee on the Judiciary. Ordered to be reported without amendment favorably. (on 05/13/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/228/all-info |
| BillText | https://www.congress.gov/117/bills/s228/BILLS-117s228is.pdf |
| Bill | https://www.congress.gov/117/bills/s228/BILLS-117s228is.pdf.pdf |
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