HR 8985 · 116th Congress · Taxation
S Corp Access to Crowdfunding Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2020-12-16)
Plain Language Summary
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S-Corp Access to Crowdfunding Act This bill excludes from the 100 shareholder limitation for S corporations individuals who acquired shares in such corporations through (1) small public offerings, or (2) one or more crowdfunding (i.e., contributions by large numbers of individuals mostly from online solicitations) offerings.…
Summarized by Claude AI · Non-partisan · For informational purposes only