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Searching...- Bills
- H.R.2339
H.R.2339: Capital Access for Small Business Banks Act
About This Bill
- Introduced May 3, 2017
- Latest Major Action May 3, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Republicans)
Bill Version
- Introduced in House - May 3, 2017
Bill Summary
Capital Access for Small Business Banks Act This bill amends the Internal Revenue Code to allow a bank or a depository institution holding company which is an S corporation to: (1) have 500 shareholders (the current limit is 100 shareholders), and (2) issue qualified preferred bank stock. The bill makes a distribution of qualified preferred bank stock to a shareholder includible in the gross income of the shareholder and allows the bank or...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 3, 2017 |
Referred to the House Committee on Ways and Means.
|
| May 3, 2017 |
Introduced in the House by Kenny Marchant (R-Texas) |