A bill to amend the Internal Revenue Code of 1954 to conform the net operating loss carryback and carryforward treatment of the Federal National Mortgage Association to that of other financial institutions.

Summary

Amends the Internal Revenue Code to provide the Federal National Mortgage Association a net operating loss carryback of ten years and a net operating loss carryover of five years, beginning in 1982.

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

Timeline

1. 18 November 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 18 November 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 November 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 9 December 1981

   Committee

   For Further Action See H.R.4717.

   Source: Committee

5. 9 December 1981

   Committee

   Committee Hearings Held.

   Source: Committee

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 · 18 November 1981

  Open at official source

Sponsors

• Rep. Rostenkowski, Dan [D-IL-8] · D · Sponsor
• Rep. Conable, Barber B., Jr. [R-NY-30] · R · Sponsor
• Rep. Gephardt, Richard A. [D-MO-3] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → Miscellaneous Revenue Act of 1982
• related to ← A bill to amend the Internal Revenue Code of 1954 to conform the net operating loss carryback and carryforward treatment of the Federal National Mortgage Association to that of other financial institutions.