H.R.6579: To amend the Internal Revenue Code of 1986 to allow certain taxpayers a 2-year carryback of net operating losses and to restore and make permanent the limitation on excess business losses of non-corporate taxpayers.

About This Bill

  • Introduced April 21, 2020
  • Latest Major Action April 21, 2020

Bill Version

Bill Summary

This bill makes permanent the limitation on excess business losses of noncorporate taxpayers and allows certain taxpayers a two-year carryback of net operating losses arising in 2020.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.6579.

Bill Actions

Date Description
April 21, 2020
Referred to the House Committee on Ways and Means.
April 21, 2020

Introduced in the House by Lloyd Doggett (D-Texas)

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