S 4330
Ending the Carried Interest Loophole Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 7:30 AM
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Ending the Carried Interest Loophole Act, aims to close a tax loophole that has historically allowed investment fund managers to pay significantly lower tax rates on their profits than other high-income earners. It proposes to treat partnership interests received for services as ordinary income, similar to wages, and to establish a ‘deemed compensation’ calculation to determine the amount of income attributable to these interests. The bill also modifies how invested capital is calculated and introduces rules to prevent abuse of the system.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Angus S., Jr. King
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.