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HR 8985 116th Congress House Taxation Corporate finance and management Securities Small business

S Corp Access to Crowdfunding Act

Introduced: December 16, 2020 Introduced by: Hill, J. French Republican · Arkansas See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 16, 2020
Referred to the House Committee on Ways and Means.
Dec 16, 2020
Introduced in House
 Plain-English summary Congressional Research Service

S-Corp Access to Crowdfunding Act

This bill excludes from the 100 shareholder limitation for S corporations individuals who acquired shares in such corporations through (1) small public offerings, or (2) one or more crowdfunding (i.e., contributions by large numbers of individuals mostly from online solicitations) offerings.

What's happening now December 16, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1