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S. 1371

U.S. Senate•In Senate Committee

Summary

S. 1371, the S-CAP Act of 2025, was introduced in the Senate on Apr 9, 2025 by Sen. John Boozman (R) with 1 co-sponsor. It was referred to Finance, and last saw action on Apr 9, 2025: Read twice and referred to the Committee on Finance.

Record

Text

S. 1371 has 1 co-sponsor.

sb1371/introduced-in-senate.txt
119 S1371 IS: S-Corporation Additional Participation Act of 2025
 U.S. Senate
 2025-04-09
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 1371  IN THE SENATE OF THE UNITED STATES   April 9, 2025   Mr. Boozman  introduced the following bill; which was read twice and referred to the  Committee on Finance    A BILL
To amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation.
1.
Short title
This Act may be cited as the   S-Corporation Additional Participation Act of 2025   or the   S-CAP Act of 2025  .
2.
Increase in number of shareholders to qualify as an S corporation
(a)
In general
 Section 1361(b)(1)(A)  of the Internal Revenue Code of 1986 is amended by striking  100  and inserting  250 .
(b)
Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2025.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-04-09
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

A bill to amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation.

Sponsors

Sen. John Boozman (R) sponsors S. 1371, and 1 member has co-sponsored it.

Committees

S. 1371 went before 1 committee: Finance.

Finance
Finance
Referred To · Apr 9, 2025 · 902 Bills

Actions

S. 1371 has taken 2 actions since Apr 9, 2025.

ChamberAction
Apr 9, 2025
Senate
Read twice and referred to the Committee on Finance.Finance Committee
Apr 9, 2025
—
Introduced in Senate

Votes

S. 1371 has not gone to a roll call.

1 bill is related to S. 1371, as Identical bill.

Titles

S. 1371 goes by 4 titles, 2 of them short titles.

  • S-CAP Act of 2025 — Display Title
  • S-CAP Act of 2025 — Short Title(s) as Introduced
  • S-Corporation Additional Participation Act of 2025 — Short Title(s) as Introduced
  • A bill to amend the Internal Revenue Code of 1986 to increase the number of eligible shareholders of an S corporation. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 90 registered lobbyists who named S. 1371 in 1 quarterly filing, 2025. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Aerospace, Automotive Industry, Aviation/Airlines/Airports, Banking, Budget/Appropriations, Civil Rights/Civil Liberties, Copyright/Patent/Trademark, Defense.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.11—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 90.

LobbyistFirmsClientsFilings
ABELARDO TORRES111
ALEXA BRANSON111
AMANDA MAYS111
ANDREA PORWOLL111
ASHLEY GUM111
BRADLEY WATTS111
BRINCE MANNING111
BROOKE MILLER111
CASSIA CARVALHO111
CHAD WHITEMAN111
CHANTEL SHEAKS111
CHRISTOPHER CRENSHAW111
CHRISTOPHER EYLER111
CHRISTOPHER GUITH111
CHRISTOPHER ROBERTI111
CLARK JACKSON111
DAN BYERS111
ERIN DELANEY111
ESPERANZA JELALIAN111
FOXHALL PARKER111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 fourth_quarter$18M4th Quarter - Report

Classification

The Congressional Research Service files S. 1371 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 1371’s is Taxation.

s1371/policy-areas.txt
TaxationAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com