United States HR 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.

Status: Introduced in House (as of 2020-04-21)

State: United States · Session: 116 · Bill: HR 6579

Subjects: Agricultural prices, subsidies, credit, Business expenses, Income tax deductions, Small business, Tax administration and collection, taxpayers

Sponsors: LLOYD DOGGETT, ALCEE L. HASTINGS, ANNA G. ESHOO, Alan S. Lowenthal, Alexandria Ocasio-Cortez, Ayanna Pressley, BARBARA LEE, Bonnie Watson Coleman, CAROLYN B. MALONEY, Chellie Pingree, DANNY K. DAVIS, DIANA DEGETTE, David N. Cicilline, Debra A. Haaland, Donald S. Beyer, Dwight Evans, EARL BLUMENAUER, ELEANOR HOLMES NORTON, GRACE F. NAPOLITANO, Gerald E. Connolly, Gregorio Kilili Camacho Sablan, Ilhan Omar, JAMES P. MCGOVERN, JAMES R. LANGEVIN, JANICE D. SCHAKOWSKY

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