SubChapter S Bank Bill Introduced in the House HR 2339 was introduced by...
HR 2339 Capital Access for Small Business Banks Act
read more
S Corp Banks
Latest News
Sigh of Relief: S Corps Exempted from 385 Rules
The final rules offer significant relief for S corp community banks. On...
ICBA Advocates Bill Helping S-Corps Raise Capital
ICBA expressed support for legislation introduced by Rep. Kenny Marchant...
Tax Extenders Move Through Ways & Means Committee
On February 4, 2015, the House Ways and Means Committee, now under the...
Tax Extenders Pass the Senate
On December 16th, 2014 the tax extenders bill finally passed in the Senate by...
Basel III Capital Rule for Subchapter S Banks
On behalf of the Subchapter S Bank Association we have sent a letter to Chair Yellen, Comptroller Curry and Chairman Gruenberg expressing our continued concern regarding the unequal treatment depository institutions and their holding companies that elect to be taxed under Subchapter S of the Internal Revenue Code (IRC) receive compared to their peers taxed under Subchapter C, especially when considered in the context of the capital conservation buffer rules presently contained in Basel III and regulatory dividend restriction policy.