,,ii  #aaith ,,congress  #ast ,session  
,s4 #acga  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #i1     
#bjbe,mr4 ,boozman introduced the       
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to increase the 
number of eligible shareholders of an ,s
 corporation4  #a4 ,short title ,this   
,act may be cited as the ,s-,corporation
 ,additional ,participation ,act of     
#bjbe or the ,s-,,cap ,act of #bjbe4    
#b4 ,increase in number of shareholders 
to qualify as an ,s corporation  7a7 ,in
 general ,section #acfa7;b77#a77;,a7 of 
the ,internal ,revenue ,code of #aihf is
 amended by striking #ajj and inserting 
#bej4  7b7 ,effective date ,the         
amendment made by this section shall    
apply to taxable years beginning after  
,december #ca1 #bjbe4