- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Apr 9, 2025
What it does
The S-CAP Act of 2025 would amend the Internal Revenue Code to increase the maximum number of shareholders allowed for a corporation to qualify as an S corporation from 100 to 250. This change would affect closely held businesses seeking S corporation status by allowing broader ownership while maintaining pass-through taxation. The amendment would take effect for taxable years beginning after December 31, 2025.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.