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HR 2452 111th Congress House

Net Operating Loss (NOL) Carryback Act

Official title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes.

Introduced: October 6, 2009 Introduced by: Neal, Richard E. Democratic · Massachusetts See on congress.gov
Taxation Business investment and capitalIncome tax deductionsInsurance industry and regulationLife, casualty, property insurance
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2009
Referred to the House Committee on Ways and Means.
May 15, 2009
Sponsor introductory remarks on measure. (CR E1180)
May 15, 2009
Introduced in House
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 Latest action May 15, 2009

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 6
  • HR 4013 Related bill To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes.
  • S 156 Related bill Small Business Stimulus Act of 2009
  • S 350 Related bill American Recovery and Reinvestment Act of 2009
  • S 1835 Related bill A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes.
  • S 1937 Related bill A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purpos…
  • S 823 Identical bill Net Operating Loss (NOL) Carryback Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 62
All 62 Democratic 20 Republican 15
D
Matsui, Doris O.
California · Nov 5, 2009
Sestak, Joe
· Nov 5, 2009
 D
Welch, Peter
Vermont · Oct 27, 2009
Arcuri, Michael
· Oct 26, 2009
 D
Courtney, Joe
Connecticut · Oct 26, 2009
Dahlkemper, Kathleen
· Oct 21, 2009
Giffords, Gabrielle
· Oct 21, 2009
Halvorson, Deborah
· Oct 21, 2009
 R
Guthrie, Brett
Kentucky · Oct 20, 2009
Adler, John
· Oct 15, 2009
 R
Bilirakis, Gus M.
Florida · Oct 15, 2009
 R
Foxx, Virginia
North Carolina · Oct 14, 2009
Mitchell, Harry
· Oct 14, 2009
 R
Cassidy, Bill
Louisiana · Oct 8, 2009
 D
Carson, André
Indiana · Oct 6, 2009
 D
Davis, Danny K.
Illinois · Oct 6, 2009
 D
Johnson, Henry C. "Hank"
Georgia · Oct 6, 2009
Minnick, Walter
· Oct 6, 2009
 D
Wasserman Schultz, Debbie
Florida · Oct 6, 2009
 R
Wilson, Joe
South Carolina · Oct 6, 2009
 R
Wittman, Robert J.
Virginia · Oct 6, 2009
Kratovil, Frank
· Oct 1, 2009
Nye, Glenn
· Sep 30, 2009
 D
Cuellar, Henry
Texas · Sep 29, 2009
 R
Thompson, Glenn
Pennsylvania · Sep 25, 2009
 R
Blackburn, Marsha
Tennessee · Sep 23, 2009
 R
Smith, Christopher H.
New Jersey · Sep 23, 2009
Kilroy, Mary Jo
· Sep 17, 2009
Wilson, Charles
· Sep 17, 2009
Kosmas, Suzanne
· Sep 16, 2009
 D
Costa, Jim
California · Sep 9, 2009
 D
Pallone, Frank
New Jersey · Sep 9, 2009
Space, Zachary
· Sep 9, 2009
Klein, Ron
· Jul 31, 2009
 D
Titus, Dina
Nevada · Jul 31, 2009
 D
Smith, Adam
Washington · Jul 29, 2009
 D
Peters, Gary C.
Michigan · Jul 28, 2009
 R
Turner, Michael R.
Ohio · Jul 28, 2009
McMahon, Michael
· Jul 24, 2009
Murphy, Patrick
· Jul 24, 2009
 D
Sherman, Brad
California · Jul 24, 2009
 D
Van Hollen, Chris
Maryland · Jul 22, 2009
Austria, Steve
· Jul 20, 2009
 D
Thompson, Mike
California · Jul 15, 2009
 D
Lofgren, Zoe
California · Jul 9, 2009
 R
Jordan, Jim
Ohio · Jun 26, 2009
 D
Bishop, Sanford D.
Georgia · Jun 25, 2009
 R
Latta, Robert E.
Ohio · Jun 25, 2009
 R
Sessions, Pete
Texas · Jun 25, 2009
 D
Thompson, Bennie G.
Mississippi · Jun 24, 2009
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APA
U.S. Congress. (2026). H.R. 2452: Net Operating Loss (NOL) Carryback Act. 111th Congress. Open America. https://openamerica.io/bill/111-HR-2452/
MLA
"H.R. 2452: Net Operating Loss (NOL) Carryback Act." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-2452/.
Bluebook (legal)
H.R. 2452, 111th Cong. (2026), https://openamerica.io/bill/111-HR-2452/.
Markdown link
[H.R. 2452: Net Operating Loss (NOL) Carryback Act](https://openamerica.io/bill/111-HR-2452/)
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