ICBA expressed support for legislation introduced by Rep. Kenny Marchant (R-Texas) that would help Subchapter S banks raise capital. The Capital Access for . . .
Congressman Marchant’s Remarks on HR 2789
U.S. Congressman Kenny Marchant (TX-24) has introduced H.R. 2789, the Capital Access for Small Business Banks Act. The legislation seeks to provide small . . .
Representative Marchant Introduces Capital Access for Small Business Banks Act
Capital Access for Small Business Banks Act (H.R. 2789) Background and Purpose The Capital Access for Small Business Banks Act (H.R. 2789) would . . .
S Corp Modernization Act
Representative Dave Reichert (R-WA) and Representative Ron Kind (D-WI) have introduced the S Corporation Modernization Act of 2015 (HR 2788). The legislation is . . .
S Corp Modernization Act
Representative Dave Reichert (R-WA) and Representative Ron Kind (D-WI) have introduced the S Corporation Modernization Act of 2015 (HR 2788). The legislation is . . .
Jill Castilla Joins Subchapter S Bank Association Advisory Board
Citizens Bank of Edmond’s President Joins Subchapter S Bank Association Advisory Board The Subchapter S Bank Association is excited to announce the appointment . . .
Regulatory Round Up April 2015
The U.S. House of Representatives this week passed five regulatory relief bills that help community banks. The bills are: Helping Expand Lending Practices . . .
Yellen Responds to Sub S Basel Fix
Federal Reserve Chairman, Janet Yellen, declined to pursue a policy change that would solve a tax liability problem for Subchapter S shareholders should . . .
House Passes Tax Extenders in 2015
On February 13, 2015, the House voted 272 to 142 to adopt the built-in gains tax relief and the charitable contribution basis adjustment . . .
Tax Extenders Move Through Ways & Means Committee
On February 4, 2015, the House Ways and Means Committee, now under the Chairmanship of Congressman Ryan, approved seven bills to permanently renew . . .