HB 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
US Congress 116th Congress
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.
HB-6579
About HB-6579
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.
Bill Texts
Introduced 04/25/2020
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