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HR 4831 114th Congress House Taxation Corporate finance and management Securities Small 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.

Introduced: March 22, 2016 Introduced by: Hill, J. French Republican · Arkansas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 22, 2016
Referred to the House Committee on Ways and Means.
Mar 22, 2016
Introduced in House
 Plain-English summary Congressional Research Service

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's happening now March 22, 2016

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1