S CORPORATIONS 1269 Tax Lawyer, Vol. 55, No. 4 S CORPORATIONS SUBMITTED BY THE COMMITTEE ON S CORPORATIONS: STEPHEN R. LOOONEY, COMMITTEE CHAIR; DEANNA WALTON, SUBCOMMITTEE CHAIR ON IMPORTANT DEVELOPMENTS* Legislation Section 612 of the Economic Growth and Tax Relief Reconciliation Act of 2001, Pub. L. No. 107-16, 115 Stat. 38 (EGTRRA), amended section 4975(f) to provide that a loan from a qualified retirement plan sponsored by an S corporatiio to a shareholder owning more than five percent of...