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Carried Interest Fairness Act of 2025
Legislative Progress
Introduced
February 6, 2025
Latest Action
February 6, 2025
Primary Sponsor
Marie Gluesenkamp PerezDemocratic(WA)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 10,940 other HR bills in the 119th — cohort avg 30d
Carried Interest Fairness Act of 2025 This bill taxes income from carried interest at ordinary income tax rates and makes other changes related to carried interest. (Some exceptions apply.) As background, a general partner in a private equity firm or hedge fund (typically structured as a partnership) generally receives a share of the profits from the assets managed by the general partner (known as carried interest). Under current law, carried interest is characterized (for federal tax purposes) as an interest in a partnership’s capital and, thus, taxed at capital gains tax rates (which may be lower than the applicable ordinary income tax rates). Under the bill, net capital gain and loss attributable to carried interest is recharacterized as ordinary income and loss and, thus, taxed at ordinary income tax rates. (Some exceptions apply.) The bill also treats as ordinary the money (or fair market value of property) received by a partner in a sale or exchange of carried interest. (Thus, the bill extends what is known as the hot asset rule to include carried interest.) Further, the bill deems distributions of carried interest by a partnership in exchange for interest in other partnership property a sale or exchange of such property and, thus, requires the partner to recognize ordinary gain on the distributed carried interest. Finally, the bill imposes self-employment taxes on carried interest income.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (10)
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2026 · third_quarter · Taxation/Internal Revenue Code
"H.R.10595Stop Wall Street Looting Act" "S.5512Stop Wall Street Looting Act" Oppose New Tax Breaks for the Crypto Industry and Billionaires "H.R. 10357Digital Asset Tax Certainty Act" private equity regulation private equity in child care private equity in youth sports Crypto tax policy "S.4796Stock Buyback Accountability Act" HR 8294 Millionaire Surtax Act S. 4306 Millionaire Surtax Act S. 4246 Ultra-Millionaire Tax Act H.R.8085 Ultra-Millionaire Tax Act H.R. 5336 Equal Tax Act S. 4122 Equal Tax Act S. 3956 Make Billionaires Pay Their Fair Share Act H.R. 7767 Make Billionaires Pay Their Fair Share Act Carried Interest Loophole S. 4083 Working Americans' Tax Cut Act HR 7937 Working Americans' Tax Cut Act H.R.6438 - ROBINHOOD Act S.2818 Tax Excessive CEO Pay Act of 2025 H.R.5298 Tax Excessive CEO Pay Act of 2025 S.2845 Billionaires Income Tax Act H.R.5427 Billionaires Income Tax Act "H.R. 3140, Stop Subsidizing Multimillion Dollar Corporate Bonuses Act" S. 1576 Stop Subsidizing Multimillion Dollar Corporate Bonuses Act IRS enforcement funding H.R. 2692 No Tax Breaks for Union Busting Act S. 1310 No Tax Breaks for Union Busting Act S. 5011 Curtailing Executive Overcompensation (CEO) Act H.R.5019 - CEO Accountability and Responsibility Act S. 445 Carried Interest Fairness Act HR 1091 Carried Interest Fairness Act Stock buybacks Wealth Tax Financial Transaction Tax IRS Enforcement funding S. 1286 Tax Fairness for Workers Act H.R. 2671 Tax Fairness for Workers Act
Client expense: $50,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · third_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation H.R.1, One Big Beautiful Bill - Budget reconciliation re taxes, cuts to Medicaid, SNAP, and other programs No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs S.2845, Billionaires Income Tax Act - new taxes for high wealth individuals Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency H.R. 451, S. 96 Fair PREP Act of 2025 - Repealing direct file program Millionaires Surtax Act (not intro'd) - places a surtax on millionaires Fair Trust Withholding Act - amends estate tax and other estate planning tax related issues HR 6438 Robinhood Act S. 4662 - taxes the loans taken out by the ultra wealthy that are backed by capital assets Stop CHEATERs Act S. 4298 - Appropriates mandatory funding to the IRS and increase enforcement on wealthy taxpayers Equal Tax Act HR 5336 S.4122 - Equalizes tax rates among different types of income Make Billionaires Pay Their Fair Share Act H.R. 7767 S.3956 - Creates a wealth tax for billionaires Ultra Millionaires Tax Act H.R.8085 S.4246 - Creates a wealth tax for ultra millionaires and billionaires Wall Street Tax Act S. 2127, HR 4035 - Creates a financial transaction tax for wall street Social Security 2100 Act - Adds solvency to Social Security H.R.10357 "Digital Asset Tax Certainty Act" - Crypto taxation
Client expense: $10,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2026 · third_quarter · Taxation/Internal Revenue Code
Graduated Corporate Tax Act, Proposed legislation H.R.7937/S.4083, Working Americans Tax Cut Act, Entirety Artificial Intelligence, Taxation DRAFTs Artificial Intelligence Tax and Worker Protection Act H.R.10357, Digital Asset Tax Certainty Act, Entirety Monitor the following: H.R.5298/S.2818, Tax Excessive CEO Pay Act, Entirety No Crypto in Social Security Act, Entirety H.R.3140/S.1576, Stop Subsidizing Multimillion Dollar Corporate Bonuses Act, Entirety S.413 (118th), Stock Buyback Accountability Act, Entirety H.R.3694 (118th), Reward Work Act, Entirety H.R.5427/S.2845, Billionaires Income Tax Act, Entirety H.R.4035/S.2127, Wall Street Tax Act, Entirety H.R.5336/S.4122, Equal Tax Act, Entirety H.R.8085/S.4246, The Ultra-Millionaire Tax Act, Entirety H.R.7767/S.3956, Make Billionaires Pay Their Fair Share Act, Entirety H.R.1091/S.445, The Carried Interest Fairness Act, Entirety H.R.2692/S.1310, No Tax Breaks for Union Busting Act, Entirety H.R.2671/S.1286, Tax Fairness for Workers Act, Entirety H.R.6438, ROBINHOOD Act, Entirety S.4298, Stop Corporations and High Earners from Avoiding Taxes and Enforce the Rules Strictly Act (Stop CHEATERS Act), Entirety H.R.9175, Tax Clarity for Mining and Staking Act, Entirety H.R.1054, Educators Tax Deduction Modernization Act, Entirety Capital gains and estate tax related issues Medicare and Social Security Fair Share Act, Entirety
Client expense: $420,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · third_quarter · Taxation/Internal Revenue Code
S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; Implementation of H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act); Qualified Small Business Stock (QSBS) under Internal Revenue Code Section 1202; digital asset taxation.
Client expense: $671,823 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2026 · third_quarter · Taxation/Internal Revenue Code
H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 Carried interest. Taxation of investments.
Client expense: $1,130,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · third_quarter · Taxation/Internal Revenue Code
S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services
Client expense: $420,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Taxation/Internal Revenue Code
"H.R.2982, the Fair Taxation of Digital Assets in Puerto Rico Act" Crypto tax policy H.R. 9175, Tax Clarity for Mining and Staking Act H.R. 9173, Charitable Deductions for Digital Asset Donations Act H.R. 9178, Less Tax Paperwork for Digital Asset Owners Act HR 8294 Millionaire Surtax Act S. 4306 Millionaire Surtax Act S.2127 Wall Street Tax Act of 2025 H.R.4035 Wall Street Tax Act S. 4246 Ultra-Millionaire Tax Act H.R.8085 Ultra-Millionaire Tax Act H.R. 5336 Equal Tax Act S. 4122 Equal Tax Act S. 3956 Make Billionaires Pay Their Fair Share Act H.R. 7767 Make Billionaires Pay Their Fair Share Act Carried Interest Loophole S. 4083 Working Americans' Tax Cut Act HR 7937 Working Americans' Tax Cut Act H.R.6438 - ROBINHOOD Act S.2818 Tax Excessive CEO Pay Act of 2025 H.R.5298 Tax Excessive CEO Pay Act of 2025 S.2845 Billionaires Income Tax Act H.R.5427 Billionaires Income Tax Act "H.R. 3140, Stop Subsidizing Multimillion Dollar Corporate Bonuses Act" S. 1576 Stop Subsidizing Multimillion Dollar Corporate Bonuses Act IRS enforcement funding Curtailing Executive Overcompensation (CEO) Act S. 445 Carried Interest Fairness Act HR 1091 Carried Interest Fairness Act H.R. 9490 Bank Failure Accountability Act
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Taxation/Internal Revenue Code
S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).
Client expense: $1,173,637 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2026 · second_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation H.R.1, One Big Beautiful Bill - Budget reconciliation re taxes, cuts to Medicaid, SNAP, and other programs No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs S.2845, Billionaires Income Tax Act - new taxes for high wealth individuals Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency H.R. 451, S. 96 Fair PREP Act of 2025 - Repealing direct file program Millionaires Surtax Act (not intro'd) - places a surtax on millionaires Fair Trust Withholding Act - amends estate tax and other estate planning tax related issues HR 6438 Robinhood Act - taxes the loans taken out by the ultra wealthy that are backed by capital assets Stop CHEATERs Act - Appropriates mandatory funding to the IRS and increase enforcement on wealthy taxpayers Equal Tax Act HR 5336 - Equalizes tax rates among different types of income Make Billionaires Pay Their Fair Share Act - Creates a wealth tax for billionaires Ultra Millionaires Tax Act - Creates a wealth tax for ultra millionaires and billionaires Wall Street Tax Act S. 2127, HR 4035 - Creates a financial transaction tax for wall street Social Security 2100 Act - Adds solvency to Social Security
2026 · second_quarter · Taxation/Internal Revenue Code
Graduated Corporate Tax Act, Proposed legislation H.R.7937/S.4083, Working Americans Tax Cut Act, Entirety H.R.5298/S.2818, Tax Excessive CEO Pay Act, Entirety No Crypto in Social Security Act, Entirety H.R.3140/S.1576, Stop Subsidizing Multimillion Dollar Corporate Bonuses Act, Entirety S.413 (118th), Stock Buyback Accountability Act, Entirety H.R.3694 (118th), Reward Work Act, Entirety H.R.7937/S.4083, Working Americans' Tax Cut Act, Entirety H.R.5427/S.2845, Billionaires Income Tax Act, Entirety H.R.4035/S.2127, Wall Street Tax Act, Entirety H.R.4119/S.1990 (118th), Tax on Wall Street Speculation Act, Entirety H.R.5336/S.4122, Equal Tax Act, Entirety H.R.8085/S.4246, The Ultra-Millionaire Tax Act, Entirety H.R.7767/S.3956, Make Billionaires Pay Their Fair Share Act, Entirety H.R.1091/S.445, The Carried Interest Fairness Act, Entirety H.R.2692/S.1310, No Tax Breaks for Union Busting Act, Entirety H.R.2671/S.1286, Tax Fairness for Workers Act, Entirety H.R.6438, ROBINHOOD Act, Entirety S.4298, Stop Corporations and High Earners from Avoiding Taxes and Enforce the Rules Strictly Act (Stop CHEATERS Act), Entirety H.R.9175, Tax Clarity for Mining and Staking Act, Entirety H.R.1054, Educators Tax Deduction Modernization Act, Entirety Artificial Intelligence, Taxation DRAFTs Monitor the following: Capital gains and estate tax related issues Medicare and Social Security Fair Share Act, Entirety H.J.Res.142, Disapproving the action of the District of Columbia Council in approving the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025, Entirety
Client expense: $410,000 · Firm income: Not reported
2026 · second_quarter · Taxation/Internal Revenue Code
H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Carried interest. Section 892 of the Internal Revenue Code - related to how foreign governments and international organizations are exempt from U.S. federal income tax on investments in U.S. stocks, bonds, and financial instruments.
Client expense: $1,100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Taxation/Internal Revenue Code
S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services
Client expense: $460,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Taxation/Internal Revenue Code
Graduated Corporate Tax Act, Proposed legislation H.R.7937/S.4083, Working Americans Tax Cut Act, Entirety Public Law 119-21, To provide for reconciliation pursuant to title II of H. Con. Res. 14, Tax and Education related issues, including Keep Public Funds in Public Schools Act (draft bill) H.R.5298/S.2818, Tax Excessive CEO Pay Act, Entirety No Crypto in Social Security Act, Entirety H.J.Res.142, Disapproving the action of the District of Columbia Council in approving the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025, Entirety H.R.5019, CEO Accountability and Responsibility Act, Entirety H.R.6191/S.3176 (118th), Curtailing Executive Overcompensation Act (CEO Act), Entirety H.R.3140/S.1576, Stop Subsidizing Multimillion Dollar Corporate Bonuses Act, Entirety S.413 (118th), Stock Buyback Accountability Act, Entirety H.R.3694 (118th), Reward Work Act, Entirety H.R.7937/S.4083, Working Americans' Tax Cut Act, Entirety H.R.5427/S.2845, Billionaires Income Tax Act, Entirety H.R.4035/S.2127, Wall Street Tax Act, Entirety H.R.4119/S.1990 (118th), Tax on Wall Street Speculation Act, Entirety H.R.5336/S.4122, Equal Tax Act, Entirety H.R.8085/S.4246, The Ultra-Millionaire Tax Act, Entirety H.R.7767/S.3956, Make Billionaires Pay Their Fair Share Act, Entirety H.R.1091/S.445, The Carried Interest Fairness Act, Entirety S.3317 (118th), Ending the Carried Interest Loophole Act, Entirety H.R.2692/S.1310, No Tax Breaks for Union Busting Act, Entirety H.R.2671/S.1286, Tax Fairness for Workers Act, Entirety Monitor the following: S.2778, Tax Cut for Striking Workers Act H.R.1054, Educators Expense Deduction Modernization Act of 2025, Entirety Protecting Employees and Retirees in Business Bankruptcies Act, Entirety Capital gains and estate tax related issues Medicare and Social Security Fair Share Act, Entirety
2026 · first_quarter · Taxation/Internal Revenue Code
S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).
Client expense: $464,268 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2026 · first_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation H.R.1, One Big Beautiful Bill - Budget reconciliation re taxes, cuts to Medicaid, SNAP, and other programs No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs S.2845, Billionaires Income Tax Act - new taxes for high wealth individuals Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency H.R. 451, S. 96 Fair PREP Act of 2025 - Repealing direct file program Millionaires Surtax Act (not intro'd) - places a surtax on millionaires Fair Trust Withholding Act - amends estate tax and other estate planning tax related issues 23518 characters remaining HR 6438 Robinhood Act - taxes the loans taken out by the ultra wealthy that are backed by capital assets Stop CHEATERs Act - Appropriates mandatory funding to the IRS and increase enforcement on wealthy taxpayers Equal Tax Act HR 5336 - Equalizes tax rates among different types of income Make Billionaires Pay Their Fair Share Act - Creates a wealth tax for billionaires Ultra Millionaires Tax Act - Creates a wealth tax for ultra millionaires and billionaires Wall Street Tax Act S. 2127, HR 4035 - Creates a financial transaction tax for wall street Social Security 2100 Act - Adds solvency to Social Security
2026 · first_quarter · Taxation/Internal Revenue Code
H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 Pass-through entity taxes. International retaliatory taxes. Section 892 of the Internal Revenue Code - related to how foreign governments and international organizations are exempt from U.S. federal income tax on investments in U.S. stocks, bonds, and financial instruments. Proposed Section 899 of the Internal Revenue Code - related to retaliatory taxes on applicable persons from foreign countries. Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Section 174 of the Internal Revenue Code - Research and experimental expenditures expensing. Carried interest.
Client expense: $1,630,000 · Firm income: Not reported
H.R.4966 - Stop Price Gouging in Grocery Stores Act of 2025 H.J. Res. 142 Disapproving the action of the District of Columbia Council in approving the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025. S.J. Res 102 A joint resolution disapproving the action of the District of Columbia Council in approving the D.C. Income and Franchise Tax Conformity and Revision Temporary Amendment Act of 2025. H.R.7749/S. 4017 - Ultra-Millionaire Tax Act of 2024 Millionaire Surtax Act H.R.7937/S4083- Working Americans Tax Cut Act S.3956 - Make Billionaires Pay Their Fair Share Act H.R.5336 /S4122 - Equal Tax Act S.445/ HR 1091 - Carried Interest Fairness Act of 2025 H.R.995 - No Tax Breaks for Outsourcing Ac S.2845 - Billionaires Income Tax Act
Client expense: $880,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Taxation/Internal Revenue Code
S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services
Client expense: $370,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 H.Con.Res.14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. Pass-through entity taxes. International retaliatory taxes. Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Section 174 of the Internal Revenue Code - Research and experimental expenditures expensing. Extension of the Tax Cuts and Jobs Act (P.L. 115-97). Carried interest. P.L. 119-21, One Big Beautiful Bill Act.
Client expense: $1,270,000 · Firm income: Not reported
2025 · fourth_quarter · Taxation/Internal Revenue Code
S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).
Client expense: $722,908 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2025 · fourth_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation H.R.1, One Big Beautiful Bill - Budget reconciliation re taxes, cuts to Medicaid, SNAP, and other programs No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs S.2845, Billionaires Income Tax Act - new taxes for high wealth individuals Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency H.R. 451, S. 96 Fair PREP Act of 2025 - Repealing direct file program Millionaires Surtax Act (not intro'd) - places a surtax on millionaires Fair Trust Withholding Act - amends estate tax and other estate planning tax related issues 23518 characters remaining HR 6438 Robinhood Act - taxes the loans taken out by the ultra wealthy that are backed by capital assets
Client expense: $33,000 · Firm income: Not reported
2025 · fourth_quarter · Taxation/Internal Revenue Code
S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 164 - maintaining current treatment - no bill, Business SALT deduction provision IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services H.R. 1 Title VII - FINANCE, as introduced 6/16/2025 Sec. 70105. Extension and enhancement of deduction for qualified business income. Sec. 70301. Full expensing for certain business property. Sec. 70303. Modification of limitation on business interest. Sec. 70361. Enforcement of Remedies Against Unfair Foreign Taxes. Sec. 70601. Limitation on individual deductions for certain State and local taxes, etc. (SALT) and addressing SALT workarounds.
Client expense: $550,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).
Client expense: $648,117 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2025 · third_quarter · Taxation/Internal Revenue Code
H.R. 1, One Big Beautiful Bill Act H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 H.Con.Res.14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriatebudgetary levels for fiscal years 2026 through 2034. Pass-through entity taxes. International retaliatory taxes. Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Section 174 of the Internal Revenue Code - Research and experimental expenditures expensing. Extension of the Tax Cuts and Jobs Act (P.L. 115-97). Carried interest.
Client expense: $1,180,000 · Firm income: Not reported
2025 · third_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation H.R.1, One Big Beautiful Bill - Budget reconciliation re taxes, cuts to Medicaid, SNAP, and other programs No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs S.2845, Billionaires Income Tax Act - new taxes for high wealth individuals Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency H.R. 451, S. 96 Fair PREP Act of 2025 - Repealing direct file program Millionaires Surtax Act (not intro'd) - places a surtax on millionaires Fair Trust Withholding Act - amends estate tax and other estate planning tax related issues
Client expense: $40,000 · Firm income: Not reported
2025 · third_quarter · Taxation/Internal Revenue Code
S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 164 - maintaining current treatment - no bill, Business SALT deduction provision IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services H.R. 1 Title VII - FINANCE, as introduced 6/16/2025 Sec. 70105. Extension and enhancement of deduction for qualified business income. Sec. 70301. Full expensing for certain business property. Sec. 70303. Modification of limitation on business interest. Sec. 70361. Enforcement of Remedies Against Unfair Foreign Taxes. Sec. 70601. Limitation on individual deductions for certain State and local taxes, etc. (SALT) and addressing SALT workarounds.
Client expense: $480,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
The One Big Beautiful Bill Act (PL 119-21 ), including proposed changes to taxes on certain partnerships and passive foreign investments, the Carried Interest Fairness Act (H.R. 1091/S. 445), the AIMM Act (H.R. 1347 /S. 559), the Small Business Investor Tax Parity Act (H.R. 652), the ALIGN Act H.R. 574/S. 187)legislation to provide a permanent extension of R&D expensing (H.R. 1990/S. 1639), and legislation related to the restoration of the imitation on downward attribution of stock ownership (H.R. 2186).
Client expense: $680,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · second_quarter · Taxation/Internal Revenue Code
H.R. 1, One Big Beautiful Bill Act H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 H.Con.Res.14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriatebudgetary levels for fiscal years 2026 through 2034. Pass-through entity taxes. International retaliatory taxes. Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Section 174 of the Internal Revenue Code - Research and experimental expenditures expensing. Extension of the Tax Cuts and Jobs Act (P.L. 115-97). Carried interest.
Client expense: $1,330,000 · Firm income: Not reported
2025 · second_quarter · Taxation/Internal Revenue Code
S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).
Client expense: $882,918 · Firm income: Not reported
2025 · second_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation H.R.1, One Big Beautiful Bill - Budget reconciliation re taxes, cuts to Medicaid, SNAP, and other programs No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency H.R. 451, S. 96 Fair PREP Act of 2025 - Repealing direct file program Millionaires Surtax Act (not intro'd) - places a surtax on millionaires Fair Trust Withholding Act - amends estate tax and other estate planning tax related issues
Client expense: $40,000 · Firm income: Not reported
2025 · second_quarter · Consumer Issues/Safety/Products
Combating Organized Retail Crime Act (S. 1404/H.R. 2853). Issues regarding tax, including H.R. 1091 the Carried Interest Fairness Act, H.R. 703 the Main Street Certainty Act, and corporate SALT.
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
The One Big Beautiful Bill Act (PL 119-21), including proposed changes to taxes on certain partnerships and passive foreign investments, the Carried Interest Fairness Act (H.R. 1091/S. 445), the AIMM Act (H.R. 1347/S. 559), the Small Business Investor Tax Parity Act (H.R. 652), the ALIGN Act (H.R. 574/S. 187)legislation to provide a permanent extension of R&D expensing (H.R. 1990/S. 1639), and legislation related to the restoration of the limitation on downward attribution of stock ownership (H.R. 2186).
Client expense: $620,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · second_quarter · Taxation/Internal Revenue Code
S. 213/H.R. 703, Main Street Tax Certainty Act - ALL S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 164 - maintaining current treatment - no bill, Business SALT deduction provision IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services H.R. 1 Title VII - FINANCE, as introduced 6/16/2025 Sec. 70105. Extension and enhancement of deduction for qualified business income. Sec. 70301. Full expensing for certain business property. Sec. 70303. Modification of limitation on business interest. Sec. 70361. Enforcement of Remedies Against Unfair Foreign Taxes. Sec. 70601. Limitation on individual deductions for certain State and local taxes, etc. (SALT) and addressing SALT workarounds.
Client expense: $510,000 · Firm income: Not reported
2025 · first_quarter · Taxation/Internal Revenue Code
H.R. 1091/ S. 445, Carried Interest Fairness Act of 2025 H.Con.Res.14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. Section 864(b) of the Internal Revenue Code - safe harbor for investment in U.S. securities and other assets by non-U.S. investors. Section 174 of the Internal Revenue Code - Research and experimental expenditures expensing. Extension of the Tax Cuts and Jobs Act (P.L. 115-97). Carried interest.
Client expense: $1,250,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
H. Con. Res. 14, FY25 Budget Resolution - Budget resolution and reconciliation No Tax Breaks for Outsourcing Act H.R. 995 S. 409 - Makes changes to various tax provisions to discourage offshoring of jobs Death Tax Repeal Act H.R. 1301 S. 587 - This bill repeals the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax Main Street Tax Certainty Act H.R. 703 S. 213 - This bill makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 137 - Makes permanent the Tax Cuts and Jobs Act Taxes - Administrations tax policies and budget Fueling Alternative Transportation with a Carbon Aviation Tax S. 173 - Imposes jet fuel taxes on private jets Carried Interest Fairness Act H.R. 1091 S. 445 - Eliminated Carried Interest loophole No Tax Breaks for Union Busting Act H.R. 5456 S. 737 - Makes changes to the tax code to disincentivize writing off expenses related to union busting taxes H.R.609 - Assuring Medicares Promise Act of 2025 - Makes changes to ensure Medicare solvency
Client expense: $40,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2025 · first_quarter · Consumer Issues/Safety/Products
Issues regarding organized retail crime. Issues regarding bankruptcy reform. Issues regarding tax, including HR 1091 the Carried Interest Fairness Act, H.R. 703 the Main Street Certainty Act, and corporate SALT.
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
S. 213/H.R. 703, Main Street Tax Certainty Act - ALL S. 445/H.R. 1091 Carried Interest Fairness Act - ALL H.R. 2410 Revitalizing Downtowns and Main Streets Act - ALL IRC Section 164 - maintaining current treatment - no bill, Business SALT deduction provision IRC Section 1031 - maintaining current treatment - no bill, Like-Kind Exchange provision IRC Sec 1061 - maintaining current treatment - no bill, 3 year hold for capital gains treatment for partnership interest in connection with performance of services
Client expense: $400,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
- Correspondence with United States House of Representatives and United States Senate urging action to end the Internal Revenue Services (IRSs) Direct File Program; research relating thereto. - Correspondence with United States House of Representatives and United States Senate urging general opposition to any effort to raise the corporate tax rate above the 21% level set in the 2017 Tax Cuts and Jobs Act (TCJA) of 2017; research relating thereto. - H.R. 1091 - Carried Interest Fairness Act Correspondence with United States House of Representatives and United States Senate urging opposition to proposals that would raise taxes on carried interest investment income; research relating thereto. - Correspondence with United States House of Representatives and United States Senate in support of H.J. Res. 65 to nullify the Internal Revenue Service (IRS) efforts to significantly weaken taxpayer protections under Section 6751(b) of the United States Tax Code under the Congressional Review Act; research relating thereto. - S.187 - ALIGN Act / H.R.574 - ALIGN Act Correspondence with United States House of Representatives and United States Senate in general support of making permanent full and immediate expensing for American investments in machinery and equipment, also known as 100% bonus depreciation; research relating thereto. - Correspondence with United States House of Representatives in support of creating parity in the tax code between the estate and gift taxes by allowing an estate tax deduction for contributions to 501(c)(4), (c)(5), and (c)(6) organizations; research relating thereto.
Client expense: $10,000 · Firm income: Not reported
| HR 2621 |
119th |
| Related bill |
| HR 10595 | 119th | Related bill |
Client expense: $40,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Client expense: $490,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Client expense: $40,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), Office of Management & Budget (OMB), SENATE, Treasury, Dept of
Government targets: HOUSE OF REPRESENTATIVES, SENATE