HR 5013 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to conform the net operating loss carryback and carryforward treatment of the Federal National Mortgage Association to that of other financial institutions.

Introduced 1981-11-18· Sponsored by Rep. Rostenkowski, Dan [D-IL-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: For Further Action See H.R.4717.(1981-12-09)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide the Federal National Mortgage Association a net operating loss carryback of ten years and a net operating loss carryover of five years, beginning in 1982.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

1 Democrat1 Republican