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HB 1599 (2026)

Allow indefinite carryforward of net operating losses under BPT

This bill is still active.

Last updated 2026-02-01 11:44 am
Summary:

Removes the 10-year limit on carrying forward net operating losses for the Business Profits Tax (BPT), allowing them to be carried forward indefinitely.

Bill Sponsor:
John Janigian
Republican party logo
Status:
HOUSE
Public Hearing Date:
01/21/2026 10:30 am
Public Hearing Location:
GP Room 154
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