,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hihe  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #af1 #bjbj   
,mr4 ,hill ( ,arkansas 7= himself & ,mr4
 ,s*weik]t7 introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,ways &    
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to make an        
exception to ! #ajj %>ehold] ,s         
corporation limitation 9 ! case (       
%>ehold]s ^: %>es 7 acquir$ ?r\gh c]ta9 
cr[dfund+ or small public (f]+s4  #a4   
,%ort title ,?is ,act may be cit$ z ! ,s
 ,corp ,access to ,cr[dfund+ ,act4  #b4 
,exception to ,s corporation %>ehold]   
limitation 9 case ( cr[dfund+ & small   
public (f]+s  7a7 ,9 g5]al ,section     
#acfa7;c7 ( ! ,int]nal ,rev5ue ,code (  
#aihf is am5d$ by add+ at ! end ! foll[+
 new p>agraph3  7#g7 ,treatm5t ( %>es   
acquir$ ?r\gh cr[dfund+ & small public  
(f]+s ,! numb] ( %>ehold]s ( !          
corporation %all be det]m9$ "u          
subsection 7b77#a77;,a7 )\t reg>d to any
 individual :o has only acquir$ %>es 9 !

 corporation ?r\gh-- 7,a7 a public (f]+ 
t meets ! t]ms & conditions set =? 9    
,regulation ,a promulgat$ by !          
,securities & ,ex*ange ,commission 7#ag 
,c4,f4,r4 #bcj4bea et seq471 or  7,b7 "o
 or m transactions describ$ 9 section   
#d7;a77#f7 ( ! ,securities ,act ( #aicc 
7#ae ,u4,s4,c4 #gg;d7a77#f774  4  7b7   
,effective date ,! am5dm5t made by ?is  
section %all apply to taxable ye>s      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4