H.R. 6579: 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.

H.R. 6579: 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.

116th Congress · introduced 2020-04-21 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

Where it came from: introduced 2020-04-21 · official record
Who proposed it: Rep. Doggett, Lloyd [D-TX-35] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

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.

Plain summary

This bill makes permanent the limitation on excess business losses of noncorporate taxpayers and allows certain taxpayers a two-year carryback of net operating losses arising in 2020.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

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.

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Doggett, Lloyd [D-TX-35] · 56 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Jamie Raskin (D-MD), Rosa L. DeLauro (D-CT), Steve Cohen (D-TN), Donald S. Beyer, Jr. (D-VA), Ro Khanna (D-CA), Mark Pocan (D-WI), Janice D. Schakowsky (D-IL), Peter Welch (D-VT), Pramila Jayapal (D-WA), Ilhan Omar (D-MN), Mary Gay Scanlon (D-PA), Jahana Hayes (D-CT), Ayanna Pressley (D-MA), Paul Tonko (D-NY), Alexandria Ocasio-Cortez (D-NY), Marcy Kaptur (D-OH), Rashida Tlaib (D-MI), Bonnie Watson Coleman (D-NJ), Eleanor Holmes Norton (D-DC), James P. McGovern (D-MA), Jesús G. "Chuy" García (D-IL), Julia Brownley (D-CA), Mark Takano (D-CA), Yvette D. Clarke (D-NY), Jerrold Nadler (D-NY), Diana DeGette (D-CO), Judy Chu (D-CA), Lisa Blunt Rochester (D-DE), Dwight Evans (D-PA), Joaquin Castro (D-TX), Robin L. Kelly (D-IL), Sylvia R. Garcia (D-TX), Ted Lieu (D-CA), Chellie Pingree (D-ME), Joe Courtney (D-CT), Danny K. Davis (D-IL), Suzanne Bonamici (D-OR), Sean Casten (D-IL)

Sponsor's campaign money: Rep. Doggett, Lloyd [D-TX-35] reported raising $471,289 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr6579.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr6579 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116