# 115-hr-4166: To amend the Internal Revenue Code of 1986 to allow all employees of a firm to be counted as a single shareholder toward the shareholder limit of an S corporation.

115-hr-4166, To amend the Internal Revenue Code of 1986 to allow all employees of a firm to be counted as a single shareholder toward the shareholder limit of an S corporation., is a 115th Congress bill sponsored by Rep. Smith, Adrian [R-NE-3] (R-NE); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-4166
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-4166
- Congress: 115
- Title: To amend the Internal Revenue Code of 1986 to allow all employees of a firm to be counted as a single shareholder toward the shareholder limit of an S corporation.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2017-10-27
- Sponsor: Rep. Smith, Adrian [R-NE-3] (R-NE)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Internal Revenue Code, with respect to the limit on the number of shareholders of an S corporation, to: (1) allow employees (and their estates) of the S corporation and any wholly owned business entities of the corporation to be treated as one shareholder if the corporation only has employee shareholders; (2) allow nonresident aliens to be shareholders if the nonresident alien is an employee, or the spouse of an employee, of such a corporation; and (3) establish tax withholding requirements for nonresident aliens who are permitted to be shareholders under this bill.

## Cosponsors (1)

- Rep. Bacon, Don [R-NE-2] (R-NE), 2017-12-06T00:00:00.000Z

## Related bills

- 115-hr-6813: Homecare for Seniors Act
- 115-hr-5963: To delay the reimposition of the annual fee on health insurance providers until after 2020.
- 115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act
- 115-hr-5358: DRIVE-Safe Act
- 115-hr-4547: Strengthening Protections for Social Security Beneficiaries Act of 2018
- 115-hr-4107: USS Indianapolis Congressional Gold Medal Act

## Sources
- [115-hr-4166 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/4166)

## Related
- [115-hr-6813: Homecare for Seniors Act](https://policyrisk.com/legislation/115-hr-6813)
- [115-hr-5963: To delay the reimposition of the annual fee on health insurance providers until…](https://policyrisk.com/legislation/115-hr-5963)
- [115-hr-5499: Stephen Michael Gleason Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-5499)
- [115-hr-5358: DRIVE-Safe Act](https://policyrisk.com/legislation/115-hr-5358)
- [115-hr-4547: Strengthening Protections for Social Security Beneficiaries Act of 2018](https://policyrisk.com/legislation/115-hr-4547)
- [115-hr-4107: USS Indianapolis Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-4107)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-4166 (as of 2025-11-18).