S. 445In Committee
Carried Interest Fairness Act of 2025
Plain-English overview
What this bill does
Taxs carried interest income as ordinary income and applies related tax rules to partnership sales distributions and self employment taxes
Key points
- Amend sale treatment of carried interest
- Require ordinary gain on distributions
- Recharacterize carried interest gains
- Impose self employment taxes
Current status
Where it stands
Status
In Committee
Latest action
2025-02-06 — Read twice and referred to the Committee on Finance.
Related context
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
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