New Firm Incentive Act of 1979

Summary

New Firm Incentive Act of 1979 - Amends the Internal Revenue Code to provide that net operating losses incurred by a corporation during its first three taxable years may be carried over to the next ten taxable years, for purposes of the income tax deduction.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 11 June 1979

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 11 June 1979

   Introduced

   Introduced in House

   Source: IntroReferral

3. 11 June 1979

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 11 June 1979

  Open at official source

Sponsors

• Rep. LaFalce, John J. [D-NY-36] · D · Sponsor
• Rep. Blanchard, James [D-MI-18] · D · Cosponsor
• Rep. Carter, Tim Lee [R-KY-5] · R · Cosponsor
• Rep. Ertel, Allen E. [D-PA-17] · D · Cosponsor
• Rep. Hollenbeck, Harold C. [R-NJ-9] · R · Cosponsor
• Rep. Hughes, William J. [D-NJ-2] · D · Cosponsor
• Rep. Jenrette, John W., Jr. [D-SC-6] · D · Cosponsor
• Sen. Markey, Edward J. [D-MA] · D · Cosponsor
• Rep. Murphy, Austin J. [D-PA-22] · D · Cosponsor
• Rep. Seiberling, John F. [D-OH-14] · D · Cosponsor
• Rep. Winn, Larry, Jr. [R-KS-3] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← New Firm Incentive Act of 1979