A5322 — Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods.

A5322 — Imposes temporary $1 million cap on use of net operating loss deductions under corporation business tax for certain privilege periods. · Informed CitizenryThis bill imposes a temporary $1 million cap on the total amount of net operating loss (NOL) deductions a taxpayer can claim under the corporation business tax for privilege periods ending between…Open in Informed Citizenry