Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · S

S. 1883 (97th)

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.

openUnited States· United States Congress· EN

Introduced

22 November 1981

Last action

11 December 1981 · Committee

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Sponsors

Sen. Packwood, Bob [R-OR], Sen. Moynihan, Daniel Patrick [D-NY], Sen. Roth Jr., William V. [R-DE], Sen. Danforth, John C. [R-MO], Sen. Symms, Steven D. [R-ID], Sen. Chafee, John H. [R-RI], Sen. Durenberger, Dave [R-MN], Sen. Long, Russell B. [D-LA], Sen. Bentsen, Lloyd M. [D-TX], Sen. Baucus, Max [D-MT], Sen. Matsunaga, Spark M. [D-HI], Sen. Mitchell, George J. [D-ME], Sen. Garn, E. J. (Jake) [R-UT], Sen. Lugar, Richard G. [R-IN], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Dodd, Christopher J. [D-CT], Sen. D'Amato, Alfonse [R-NY]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Official sourceView documentsShare

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. 22 November 1981

    Introduced

    Read second time and referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 22 November 1981

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 30 November 1981

    Committee

    Committee on Finance requested executive comment from OMB; Treasury Department.

    Source: Committee

  4. 11 December 1981

    Committee

    Subcommittee on Taxation and Debt Management took the following actions.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.