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- H.R.2452
H.R.2452: Net Operating Loss (NOL) Carryback Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced May 15, 2009
- Latest Major Action May 15, 2009
Bill Sponsor
Bill Cosponsors
197 (109 Democrats, 89 Republicans)
Bill Summary
Net Operating Loss (NOL) Carryback Act - Amends the Internal Revenue Code to allow a five-year carryback of net operating losses, including the operating losses of life insurance companies, incurred in 2008 and 2009. Denies such extended loss carryover period to: (1) taxpayers in whom the federal government acquires an equity interest under the Emergency Economic Stabilization Act of 2008; (2) the Federal National Mortgage Association (Fannie...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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May 15, 2009 |
Introduced in the House by Richard E. Neal (D-Mass.) |