117th Congress · HOUSE BILLBILL

H.R. 696CARES Windfall for the Wealthiest Repeal Act

To amend the Internal Revenue Code of 1986 to impose a limitation on excess business losses of non-corporate taxpayers and to modify the carryback of net operating losses for certain taxable years.

Taxation
Introduced Feb 2, 2021
Last action Feb 2, 2021
Pipeline · Bill → Law
Step 1
Introduced
Feb 2, 2021
Step 2
Referred
Feb 2, 2021
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryNo summary available

No CRS summary available for this bill.

Provisions · 3 sectionsIntroduced in House
Timeline · 2 actions
Feb 2, 2021
Introduced in House
Feb 2, 2021
Referred to the House Committee on Ways and Means.