H.R. 8985 · 116th Congress

S Corp Access to Crowdfunding Act

Stage
In committee
Sponsor
J. Hill
Introduced
2020-12-16
Latest action
2020-12-16 · Introduced in House

Summary

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.