# 114-hr-3287: Community Bank Flexibility Act

114-hr-3287, Community Bank Flexibility Act, is a 114th Congress bill sponsored by Rep. Marchant, Kenny [R-TX-24] (R-TX); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3287
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3287
- Congress: 114
- Title: Community Bank Flexibility Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-07-29
- Sponsor: Rep. Marchant, Kenny [R-TX-24] (R-TX)
- Cosponsors: 3
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Community Bank Flexibility Act This bill amends the Internal Revenue Code, with respect to the tax treatment of small banks, to: (1) allow such banks to reorganize as either corporations or partnerships for tax purposes, (2) permit such banks to reorganize without incurring an additional tax for liquidation, and (3) impose a five-year recognition period of the built-in gains of such banks.

## Cosponsors (3)

- Rep. Black, Diane [R-TN-6] (R-TN), 2015-07-29T00:00:00.000Z
- LAMAR SMITH (R-TX), 2015-09-08T00:00:00.000Z
- Rep. Holding, George [R-NC-2] (R-NC), 2015-10-22T00:00:00.000Z

## Related bills

- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-4938: Free File Act of 2016
- 114-hr-4773: Protecting Workplace Advancement and Opportunity Act
- 114-hr-4768: Separation of Powers Restoration Act of 2016
- 114-hr-3516: Social Security Beneficiary 2nd Amendment Rights Protection Act
- 114-hr-3459: Protecting Local Business Opportunity Act

## Sources
- [114-hr-3287 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3287)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-4938: Free File Act of 2016](https://policyrisk.com/legislation/114-hr-4938)
- [114-hr-4773: Protecting Workplace Advancement and Opportunity Act](https://policyrisk.com/legislation/114-hr-4773)
- [114-hr-4768: Separation of Powers Restoration Act of 2016](https://policyrisk.com/legislation/114-hr-4768)
- [114-hr-3516: Social Security Beneficiary 2nd Amendment Rights Protection Act](https://policyrisk.com/legislation/114-hr-3516)
- [114-hr-3459: Protecting Local Business Opportunity Act](https://policyrisk.com/legislation/114-hr-3459)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3287 (as of 2025-11-18).