VotedBy VotedBy ⌕
Election Day · Tue, Nov 3See how your members of Congress voted →

H.R. 2452 · 111th Congress

Net Operating Loss (NOL) Carryback Act

Key: what the circles and colors mean

Each circle is a bill. The ring fills as it moves through Congress:

IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.

Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.

Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RND NealSponsor
197 cosponsors · 108 D, 89 R
MBD Bean ADD Davis PHD Hodes BPD Pascrell PTR Tiberi JCD Crowley RKD Kind BMD Markey MFD Fudge WHR Herger VBR Buchanan JTD Tanner CCD Carney TCD Childers LGR Gohmert SID Israel CMD Maloney ASD Schwartz SBD Berkley RHR Hall WJR Jones SLR LaTourette JLD Larson CLR Lee PRR Roe TPR Petri JBD Boccieri MDR Diaz-Balart RPR Paul ASR Schock DNR Nunes BED Etheridge JHR Hensarling DHR Hunter GDR Davis JLR Linder AWD Weiner MBR Bono Mack GBR Brown-Waite CBR Boustany BHD Higgins KMR McCarthy APR Putnam DRR Reichert ECR Cantor KGR Granger DHR Heller PRR Roskam AED Eshoo JMD McNerney SLD Levin BTD Thompson LWR Westmoreland SBD Bishop RLR Latta PSR Sessions JBR Barton JJR Jordan CRD Ruppersberger BGR Goodlatte TLR Latham ZLD Lofgren MKR Kirk TRD Ryan MTD Thompson JYD Yarmuth JFR Fleming KMD Meek SAR Austria DSD Scott RBD Boucher JMD Moran LSR Smith CVD Van Hollen MMD Michaud PMD Murphy MMD McMahon BSD Sherman RBR Blunt KBR Brady JCR Culberson JDR Duncan SMR Myrick GPD Peters MTR Turner ASD Smith RBR Bishop JCR Campbell MHD Honda RKD Klein JSD Salazar DTD Titus JCD Costa LDR Diaz-Balart AGD Grayson FLR LoBiondo JLD Langevin POR Olson FPD Pallone ASD Sires ZSD Space TPR Price RBR Bartlett DCD Cardoza SKD Kosmas NLD Lowey LLR Lance RWD Wexler MJD Jo Kilroy CWD Wilson BBR Bilbray MBR Bachmann BBD Braley NDR Deal KMR Marchant LBD Boswell MBR Blackburn IRR Ros-Lehtinen CSR Smith JBR Biggert MCD Capuano ACR Crenshaw KCR Conaway BMR McKeon CMR Mack GTR Thompson DBR Burton HCD Cuellar DMD Moore JPR Pitts BPR Posey JLD Lewis GND Nye TRR Rooney FKD Kratovil TBD Bishop ACD Carson DDD Davis HJD Johnson WMD Minnick JWR Wilson DWD Wasserman Schultz RWR Wittman SGR Garrett BMD Miller BCR Cassidy MCR Coffman BLR Luetkemeyer JSD Spratt VFR Foxx HMD Mitchell SRD Rothman NAD Abercrombie JAD Adler GBR Bilirakis GGD Green CGD Gonzalez DMD Maffei SOD Ortiz CRD Rodriguez PVD Visclosky HCR Coble GCD Connolly BGR Guthrie JPD Polis JBD Barrow JCD Costello KDD Dahlkemper GGD Giffords DHD Halvorson PGR Gingrey MAD Arcuri JBD Baca JCD Courtney JMR Miller CSR Stearns PWD Welch PMR McHenry SKR King CMD Melancon FWR Wolf JCR Chaffetz RHD Holt LCD Capps SFD Farr JHD Harman DMD Matsui LSD Sanchez JSD Sestak ETD Towns DWD Watson DLR Lamborn DPD Payne ERR Royce PKD Kennedy LRD Richardson GKD Butterfield

5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Net Operating Loss (NOL) Carryback Act - Amends the Internal Revenue Code to allow a five-year carryback of net operating losses, including the operating losses of life insurance companies, incurred in 2008 and 2009.

What it does: CRS summary · Introduced in House · May 15, 2009

Net Operating Loss (NOL) Carryback Act - Amends the Internal Revenue Code to allow a five-year carryback of net operating losses, including the operating losses of life insurance companies, incurred in 2008 and 2009.

Denies such extended loss carryover period to: (1) taxpayers in whom the federal government acquires an equity interest under the Emergency Economic Stabilization Act of 2008; (2) the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (3) members of certain affiliated groups.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Net Operating Loss (NOL) Carryback Act

Latest action (May 15, 2009): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: May 15, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.