A bill to amend the Internal Revenue Code of 1986 to allow certain taxpayers a 2-year carryback of net operating losses and to restore and make permanent the limitation on excess business losses of non-corporate taxpayers.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Junior Senator for Rhode Island. Democrat.
Last Updated: May 7, 2020
Length: 9 pages
May 7, 2020
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Feb 2, 2021
Reintroduced Bill — Introduced
This activity took place on a related bill, S. 147.
S. 3640 (116th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number S. 3640. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2021). S. 3640 — 116th Congress: CARES Windfall for the Wealthiest Repeal Act. Retrieved from https://www.govtrack.us/congress/bills/116/s3640
“S. 3640 — 116th Congress: CARES Windfall for the Wealthiest Repeal Act.” www.GovTrack.us. 2020. July 31, 2021 <https://www.govtrack.us/congress/bills/116/s3640>
CARES Windfall for the Wealthiest Repeal Act, S. 3640, 116th Cong. (2020).
|title=S. 3640 (116th)
|accessdate=July 31, 2021
|author=116th Congress (2020)
|date=May 7, 2020
|quote=CARES Windfall for the Wealthiest Repeal Act
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.