HR 4694 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to treat all siblings as 1 shareholder for purposes of determining whether a corporation may elect to be an S corporation.

Introduced 1990-05-01· Sponsored by Rep. Shaw, E. Clay, Jr. [R-FL-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-05-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to treat all siblings as one shareholder for purposes of determining whether a corporation may elect to be an S corporation.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Ireland, Andrew P. [R-FL-10]FL