WASHINGTON — Community bank lobbyists on Tuesday began urging the Bush administration to give them what Bill Clinton would not: expanded eligibility for tax-advantaged S corporation status.

S corporations pay no taxes on their revenue, but shareholders are taxed on their dividends. In a letter to Treasury Secretary Paul O’Neill, Paul Merski, chief economist and director of federal tax policy for the Independent Community Bankers of America, urged the Bush administration to make broader eligibility part of its pending tax-cut legislation.

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