HR 889 · 98th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase the number of taxable years to which a net operating loss may be carried back.

Introduced 1983-01-25· Sponsored by Rep. Sawyer, Harold S. [R-MI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-01-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase to seven the number of years which a net operating loss may be carried back for purposes of the loss deduction.…

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