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.

3.0.0 2650 2019-11-15T21:57:50Z 2019-11-15T21:57:50Z Senate S S 2008-02-14 110 ssfi00 Finance Committee Senate Standing Referred to 2008-02-15T00:12:37Z 2008-02-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-02-14 Sponsor introductory remarks on measure. (CR S1067) IntroReferral B00100 9 Library of Congress 2008-02-14 Introduced in Senate IntroReferral 10000 9 Library of Congress S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA N D000601 Sen. Dole, Elizabeth [R-NC] Elizabeth Dole R NC H. 2008-02-14 True E000194 Sen. Ensign, John [R-NV] JOHN ENSIGN R NV 2008-02-14 True M001162 Sen. Martinez, Mel [R-FL] Mel Martinez R FL 2008-02-14 True C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2008-02-14 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2008-02-14 True H001016 Sen. Hutchison, Kay Bailey [R-TX] KAY HUTCHISON R TX BAILEY 2008-02-14 True D000407 Sen. Domenici, Pete V. [R-NM] PETE DOMENICI R NM VICHI 2008-02-25 False Taxation Income tax Losses Minimum tax Tax deductions Taxation

00 2008-02-14 Introduced in Senate 2008-02-26T19:07:21Z Amends the Internal Revenue Code to: (1) allow a five-year carryback of net operating losses for taxable years beginning or ending during 2006, 2007, or 2008; and (2) suspend the 90% alternative minimum tax limitation on carrybacks and carryovers of net operating losses in such years.

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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. Display 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. Official Title as Introduced 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. Introduced in Senate 2008-02-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2650is/xml/BILLS-110s2650is.xml 2008-02-14 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.