Bill114th CongressFiled Mar 22, 2016Taxation
H.R. 4831
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.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Mar 22, 2016)
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) a small issues public offering, or (2) one or more crowdfunding offerings.
What just happenedMar 22, 2016
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Hill, J. French [R-AR-2](R-AR)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions3subjects
- Introduced in HouseMar 22, 2016
- Mar 22, 2016IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 22, 2016IntroReferralIntro-H
Introduced in House
- Mar 22, 2016IntroReferral1000
Introduced in House