To amend the Internal Revenue Code of 1986 to provide corporate alternative minimum tax reform.
Allows a ten-year carryback, for purposes of the alternative tax net operating loss deduction, in the case of a corporation that has a net operating loss for three or more consecutive years.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1383)
Referred to the House Committee on Ways and Means.
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