H.R. 92 — To amend the Internal Revenue Code of 1986 to allow certain corporations and certain trusts to be shareholders of subchapter S corporations.

Summary

Amends the Internal Revenue Code to allow a corporation to be a shareholder of a subchapter S corporation (small business) if each shareholder of such corporation is permitted to be a shareholder of an S corporation.

Allows certain additional trusts to be shareholders of such corporations.

Full Text

Legislative Actions

1995-01-04
Introduced in House
1995-01-04
Introduced in House
1995-01-04
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to allow certain corporations and certain trusts to be shareholders of subchapter S corporations.

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill