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- S.1020
S.1020: Carried Interest Fairness Act of 2017
About This Bill
- Introduced May 3, 2017
- Latest Major Action May 3, 2017
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (All Democrats)
Bill Version
- Introduced in Senate - May 3, 2017
Bill Summary
Carried Interest Fairness Act of 2017 This bill amends the Internal Revenue Code to: (1) set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services, (2) treat as ordinary income the net capital gain with respect to an investment services partnership interest except to the extent such gain is attributable to a partner's qualified capital interest, (3) exempt...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 3, 2017 |
Read twice and referred to the Committee on Finance.
|
May 3, 2017 |
Introduced in the Senate by Tammy Baldwin (D-Wis.) |