HB1599
House · 2026 sessionRepublicanInterim studyUnlimited business loss carryforward
AI-generatedRemoves the 10-year limitation on net operating loss deductions, allowing losses to be carried forward in perpetuity.
allowing net operating losses to be carried forward in perpetuity following a loss year.Official record
Business and IndustryTaxes - StateAI-generated
Division of testimonyComputed by this site
3 submissionsSupport 0Neutral 0
All 2 written submissions were individually written — no organized campaign detected.
Status
Referred to interim study (House) · February 12, 2026- ✓Introduced
- House
- Senate
- Governor
- Law
The record · every submission as filed
3 submissions| Expand | |||||
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Stephanie Vazzano for Myself Concord This promotes bad business practices in our state and encourages the use of loss properties, which are a horrible feature in our communities. Until I can put off all my bills in perpetuity, too, I absolutely oppose this bill. | Concord | Oppose | 226 | Jan 21, 2026 | |
Daniel Richardson for Myself Nashua NO NEW TAXES | Nashua | Oppose | 12 | Jan 21, 2026 | |
Lynn Merlone for Myself Rindge Position recorded without written comment. | Rindge | Oppose | — | Jan 21, 2026 |