United States · Bill · S
S. 147 (117th)
CARES Windfall for the Wealthiest Repeal Act
Introduced
2 February 2021
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
CARES Windfall for the Wealthiest Repeal Act This bill restores and makes permanent the limitation on excess businesses losses of noncorporate taxpayers. It also allows taxpayers a carryback of their net operating losses arising in 2019 and 2020.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 2 February 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 2 February 2021
Introduced in Senate
summary · EN · 2 February 2021
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/147
- Open data entity: https://api.congress.gov/v3/bill/117/s/147