US SB293 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2009 - 25% progression, died in chamber
Action: 2009-01-21 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 21 2009 - 25% progression, died in chamber
Action: 2009-01-21 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to: (1) allow a five-year carryback of net operating losses for taxable years beginning or ending during 2007, 2008, or 2009; and (2) suspend the 90% alternative minimum tax limitation on carrybacks and carryovers of net operating losses in such years.
Title
A bill to provide for a 5-year carryback of certain net operating losses and to suspend the 90 percent alternative minimum tax limit on certain net operating losses.
Sponsors
| Sen. Arlen Specter [D-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-01-21 | Read twice and referred to the Committee on Finance. | |
| 2009-01-21 | Sponsor introductory remarks on measure. (CR S722-723) |
Same As/Similar To
HB561 (Related) 2009-01-15 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/293/all-info |
| Text | https://www.congress.gov/111/bills/s293/BILLS-111s293is.pdf |
