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Small Business and Consumer Credit Act of 2026

7/10/2026, 10:23 AM

Summary of Bill HR 9383

The bill, designated as H.R. 9383 in the 119th Congress, aims to amend the Internal Revenue Code of 1986 to establish specific regulations concerning the net operating losses of select financial institutions. Introduced on June 22, 2026, the bill focuses on providing special rules to govern how these financial institutions handle net operating losses within the tax framework.

Current Status of Bill HR 9383

Bill HR 9383 is currently in the status of Bill Introduced since June 22, 2026. Bill HR 9383 was introduced during Congress 119 and was introduced to the House on June 22, 2026.  Bill HR 9383's most recent activity was Referred to the House Committee on Ways and Means. as of June 22, 2026

Bipartisan Support of Bill HR 9383

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
9
Democrat Cosponsors
5
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 9383

Primary Policy Focus

Alternate Title(s) of Bill HR 9383

To amend the Internal Revenue Code of 1986 to provide special rules with respect to the net operating losses of certain financial institutions.
To amend the Internal Revenue Code of 1986 to provide special rules with respect to the net operating losses of certain financial institutions.

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