US SB147 | 2021-2022 | 117th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 15-2)
Status: Introduced on February 2 2021 - 25% progression, died in committee
Action: 2021-02-02 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2021 - 25% progression, died in committee
Action: 2021-02-02 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill 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.
Title
CARES Windfall for the Wealthiest Repeal Act
Sponsors
| Sen. Sheldon Whitehouse [D-RI] | Sen. Sherrod Brown [D-OH] | Sen. Elizabeth Warren [D-MA] | Sen. Tammy Baldwin [D-WI] |
| Sen. Richard Blumenthal [D-CT] | Sen. Angus King [I-ME] | Sen. Edward Markey [D-MA] | Sen. Richard Durbin [D-IL] |
| Sen. Jeff Merkley [D-OR] | Sen. Jack Reed [D-RI] | Sen. Cory Booker [D-NJ] | Sen. Bernard Sanders [I-VT] |
| Sen. Mazie Hirono [D-HI] | Sen. Christopher Murphy [D-CT] | Sen. Patrick Leahy [D-VT] | Sen. Brian Schatz [D-HI] |
| Sen. Amy Klobuchar [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-02 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB696 (Same As) 2021-02-02 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/senate-bill/147/all-info |
| Text | https://www.congress.gov/117/bills/s147/BILLS-117s147is.pdf |
