Small Business and Consumer Credit Act of 2026

Hozzl · 2026-07-17T14:55:15Z

Explore the details of House Bill 9383 Small Business and Consumer Credit Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

7/17/2026, 2:55 PM

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.

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

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Policy Area and Potential Impact of Bill HR 9383

Primary Policy Focus

Taxation

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.

Comments

Lincoln Walters

1,116

2 months ago

This bill is a disaster! It's going to hurt small businesses like mine and make it harder for consumers to access credit. I can't believe they would pass something like this without considering the impact on hardworking Americans. It's just not right.