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United States · Bill · HR

H.R. 2339 (115th)

Capital Access for Small Business Banks Act

referredUnited States· United States Congress· EN

Introduced

3 May 2017

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

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 holding company to deduct the amount of such distribution.

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Documents

3 official files

Introduced in House (text)

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