Capital Access for Small Business Banks Act

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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Timeline

1. 3 May 2017

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 3 May 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 May 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 May 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 May 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 May 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 3 May 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Marchant, Kenny [R-TX-24] · R · Sponsor
• Rep. Jenkins, Lynn [R-KS-2] · R · Cosponsor
• Rep. Smith, Lamar [R-TX-21] · R · Cosponsor
• Rep. Luetkemeyer, Blaine [R-MO-3] · R · Cosponsor
• Rep. Gaetz, Matt [R-FL-1] · R · Cosponsor
• Rep. Posey, Bill [R-FL-8] · R · Cosponsor
• Rep. Ross, Dennis A. [R-FL-15] · R · Cosponsor
• Rep. Rooney, Francis [R-FL-19] · R · Cosponsor
• · hswm00 · Standing

Related records

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