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.
Sponsored By: Representative Doggett, Lloyd [D-TX-37]
Unknown
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Doggett, Lloyd [D-TX-37]
TX • D
Cosponsors
Rep. DeGette, Diana [D-CO-1]
CO • D
Sponsored 5/1/2020
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 4/24/2020
Rep. Raskin, Jamie [D-MD-8]
MD • D
Sponsored 4/21/2020
Rep. DeLauro, Rosa L. [D-CT-3]
CT • D
Sponsored 4/21/2020
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 4/21/2020
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 4/21/2020
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 4/21/2020
Rep. Khanna, Ro [D-CA-17]
CA • D
Sponsored 4/21/2020
Rep. Pocan, Mark [D-WI-2]
WI • D
Sponsored 4/21/2020
Rep. Schakowsky, Janice D. [D-IL-9]
IL • D
Sponsored 4/21/2020
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 4/21/2020
Rep. Wild, Susan [D-PA-7]
PA • D
Sponsored 4/21/2020
Rep. DeFazio, Peter A. [D-OR-4]
OR • D
Sponsored 4/21/2020
Rep. Jayapal, Pramila [D-WA-7]
WA • D
Sponsored 4/21/2020
Rep. Omar, Ilhan [D-MN-5]
MN • D
Sponsored 4/21/2020
Rep. Grijalva, Raúl M. [D-AZ-7]
AZ • D
Sponsored 4/24/2020
Rep. Scanlon, Mary Gay [D-PA-5]
PA • D
Sponsored 4/24/2020
Rep. Hayes, Jahana [D-CT-5]
CT • D
Sponsored 4/24/2020
Rep. Pressley, Ayanna [D-MA-7]
MA • D
Sponsored 4/24/2020
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 4/24/2020
Rep. Ocasio-Cortez, Alexandria [D-NY-14]
NY • D
Sponsored 4/24/2020
Rep. Kaptur, Marcy [D-OH-9]
OH • D
Sponsored 4/24/2020
Rep. Sarbanes, John P. [D-MD-3]
MD • D
Sponsored 4/24/2020
Rep. Napolitano, Grace F. [D-CA-31]
CA • D
Sponsored 4/24/2020
Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]
MP • D
Sponsored 4/24/2020
Rep. Tlaib, Rashida [D-MI-12]
MI • D
Sponsored 4/24/2020
Rep. Watson Coleman, Bonnie [D-NJ-12]
NJ • D
Sponsored 4/24/2020
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 4/24/2020
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 4/24/2020
Rep. Haaland, Debra A. [D-NM-1]
NM • D
Sponsored 4/24/2020
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 4/24/2020
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 4/24/2020
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 4/24/2020
Rep. Connolly, Gerald E. [D-VA-11]
VA • D
Sponsored 4/24/2020
Rep. Kennedy, Joseph P., III [D-MA-4]
MA • D
Sponsored 4/24/2020
Rep. Langevin, James R. [D-RI-2]
RI • D
Sponsored 4/24/2020
Rep. García, Jesús G. "Chuy" [D-IL-4]
IL • D
Sponsored 4/24/2020
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 4/24/2020
Rep. Takano, Mark [D-CA-39]
CA • D
Sponsored 4/24/2020
Rep. Clarke, Yvette D. [D-NY-9]
NY • D
Sponsored 5/1/2020
Rep. Nadler, Jerrold [D-NY-12]
NY • D
Sponsored 5/1/2020
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 5/1/2020
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 5/1/2020
Rep. Evans, Dwight [D-PA-3]
PA • D
Sponsored 5/1/2020
Rep. Castro, Joaquin [D-TX-20]
TX • D
Sponsored 5/1/2020
Rep. Kelly, Robin L. [D-IL-2]
IL • D
Sponsored 5/1/2020
Rep. Garcia, Sylvia R. [D-TX-29]
TX • D
Sponsored 5/1/2020
Rep. Lieu, Ted [D-CA-36]
CA • D
Sponsored 5/1/2020
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 5/1/2020
Rep. Lowenthal, Alan S. [D-CA-47]
CA • D
Sponsored 5/1/2020
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 5/1/2020
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 5/15/2020
Rep. Courtney, Joe [D-CT-2]
CT • D
Sponsored 5/15/2020
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 5/15/2020
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 7/16/2020
Rep. Casten, Sean [D-IL-6]
IL • D
Sponsored 10/13/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov