S.781: Carried Interest Fairness Act of 2019

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Bill Summary

Carried Interest Fairness Act of 2019 This bill modifies the tax treatment of carried interest, which is compensation that is typically received by a partner of a private equity or hedge fund and is based on a share of the fund's profits. (Under current law, carried interest is taxed as investment income rather than at ordinary income tax rates.) This bill includes provisions that set forth a special rule for the inclusion in gross income of...

(Source: Library of Congress)

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There is one statement associated with S.781.

Bill Actions

Date Description
March 13, 2019
Read twice and referred to the Committee on Finance.
March 13, 2019

Introduced in the Senate by Tammy Baldwin (D-Wis.)

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