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- H.R.6579
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 Sponsor
Bill Cosponsors
56 (All Democrats)
Bill Version
- Introduced in House - April 21, 2020
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
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) |