family and medical leave. Sec. 146. Certain technical improvements. Sec. 147. Credits not allowed to certain large employers. Subtitle F—Deduction of State and local taxes Sec. 151. Elimination for 2020 limitation on deduction of State and local taxes. Title II—Provisions to prevent business interruption Sec. 201. Improvements to employee retention and rehiring credit. Sec. 202. Certain loan forgiveness and other business financial assistance under CARES Act not includible in gross income. Sec. 203. Clarification of treatment of expenses paid or incurred with proceeds from certain grants and loans. Title III—Net operating losses Sec. 301. Limitation on excess business losses of non-corporate taxpayers restored and made permanent. Sec. 302. Certain taxpayers allowed carryback of net operating losses arising in 2019 and 2020. I Economic Stimulus A Additional recovery rebates to individuals 101. Additional recovery rebates to individuals (a) In general Subchapter B of chapter 65 of the Internal Revenue Code of 1986 is amended by inserting after section 6428 the following new section: 6428A. Additional recovery rebates to individuals (a) In general In the case of an eligible individual, there shall be allowed as a credit against the tax imposed by subtitle A for the first taxable year beginning in 2020 an amount equal to the additional rebate amount determined for such taxable year. (b) Additional rebate amount For purposes of this section, the term additional rebate amount means, with respect to any taxpayer for any taxable year, the sum of— (1) $1,200 ($2,400 in the case of a joint return), plus (2) $500 multiplied by the number of dependents of the taxpayer for such taxable year. (c) Eligible individual For purposes of this section, the term eligible individual means any individual other than— (1) any nonresident alien individual, (2) any individual with respect to whom a deduction under section 151 is allowable to another taxpayer for a taxable year beginning in the calendar year in which the individual’s