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114-hr-4831114th Congress

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.

Sponsored By: Representative Hill, J. French [R-AR-2]

Unknown

Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Hill, J. French [R-AR-2]

AR • R

Cosponsors

  • Rep. Neugebauer, Randy [R-TX-19]

    TX • R

    Sponsored 3/22/2016

Roll Call Votes

No roll call votes available for this bill.

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