Amends the Internal Revenue Code to increase, for a limited period of time, from two to ten the number of years permitted for the carryback of net operating losses for certain farmers. Defines specified terms, including "farming loss."
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S10320-10321)
Read twice and referred to the Committee on Finance.
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