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- S.781
S.781: Carried Interest Fairness Act of 2019
About This Bill
- Introduced March 13, 2019
- Latest Major Action March 13, 2019
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (All Democrats)
Bill Version
- Introduced in Senate - March 13, 2019
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)
What Lawmakers Are Saying About This Bill
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.) |