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To amend the Internal Revenue Code of 1986 to make an exception to the 100 shareholder S corporation limitation in the case of shareholders whose shares were acquired through certain crowd-funding or small public offerings.

USA115th CongressHR-531| House 
| Updated: 1/13/2017
J. French Hill

J. French Hill

Republican Representative

Arkansas

Cosponsors (2)
David Schweikert (Republican)Patrick T. McHenry (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
S-Corp Access to Crowdfunding Act This bill amends the Internal Revenue Code, with respect to the taxation of S corporations, to exclude from the 100 shareholder limitation for such corporations individuals who acquired shares in an S corporation through: (1) small public offerings, or (2) one or more crowdfunding offerings.
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Timeline
Jan 13, 2017
Introduced in House
Jan 13, 2017
Referred to the House Committee on Ways and Means.
  • January 13, 2017
    Introduced in House


  • January 13, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Corporate finance and managementSecuritiesSmall business

To amend the Internal Revenue Code of 1986 to make an exception to the 100 shareholder S corporation limitation in the case of shareholders whose shares were acquired through certain crowd-funding or small public offerings.

USA115th CongressHR-531| House 
| Updated: 1/13/2017
S-Corp Access to Crowdfunding Act This bill amends the Internal Revenue Code, with respect to the taxation of S corporations, to exclude from the 100 shareholder limitation for such corporations individuals who acquired shares in an S corporation through: (1) small public offerings, or (2) one or more crowdfunding offerings.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 13, 2017
Introduced in House
Jan 13, 2017
Referred to the House Committee on Ways and Means.
  • January 13, 2017
    Introduced in House


  • January 13, 2017
    Referred to the House Committee on Ways and Means.
J. French Hill

J. French Hill

Republican Representative

Arkansas

Cosponsors (2)
David Schweikert (Republican)Patrick T. McHenry (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Corporate finance and managementSecuritiesSmall business