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HB1599Introduced in the House

Allowing net operating losses to be carried forward in perpetuity following a loss year.

Introduced

Introduced by John Janigian, District 25-ROC

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Allowing net operating losses to be carried forward in perpetuity following a loss year.

Where it stands

Full Committee Work Session: 06/15/2026 10:00 am GP 159

June 3, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced 01/07/2026 and referred to Ways and Means House Journal 1 P. 27

  2. Public Hearing: 01/21/2026 10:30 am GP 154

  3. ==CANCELLED== Full Committee Work Session: 01/26/2026 01:00 pm GP 159

  4. ==CANCELLED== Executive Session: 01/26/2026 02:00 pm GP 159

  5. Full Committee Work Session: 01/28/2026 01:00 pm GP 159

  6. Executive Session: 01/28/2026 02:00 pm GP 154

  7. Committee Report: Refer for Interim Study 01/28/2026 (Vote 19-0; Consent Calendar) House Calendar 6 P. 8

  8. Refer for Interim Study: Motion Adopted Voice Vote 02/12/2026 House Journal 4 P. 8

  9. Full Committee Work Session: 06/15/2026 10:00 am GP 159

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