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Includes all politicians who were in office at any point during the 114th Congress.

S. 1686 - Carried Interest Fairness Act of 2015

Taxation. 114th Congress (2015-2016) View bill details
Sponsor:
Summary:
A bill to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities. (by CRS) 
Status:
The bill has been referred to committee. 
There have been no votes on this bill.

Carried Interest Fairness Act of 2015

S. 1686 — 114th Congress (2015–2016)

Summary
A bill to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities. (by CRS)
Learn More
At OpenCongress
Title
A bill to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities.
Other Titles
  • Carried Interest Fairness Act of 2015
  • Carried Interest Fairness Act of 2015
Sponsor
Tammy Baldwin
Co-Sponsors
Subjects
  • Taxation
  • Accounting and auditing
  • Capital gains tax
  • Financial services and investments
  • Income tax rates
  • Tax administration and collection, taxpayers
Related Bills
Major Actions
Introduced6/25/2015
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced6/25/2015
6/25/2015Read twice and referred to the Committee on Finance.
6/25/2015Introduced in Senate
NumberSponsorDate OfferedStatus

Total contributions given to Senators from interest groups that…

supported this bill

Women's issues
Democratic/Liberal
Federal employees unions
Teachers unions
Manufacturing unions
Minority/Ethnic Groups
Welfare & Social Work
Children's rights
Health & welfare policy
Churches, clergy & religious organizations
State & local govt employee unions
Small business associations
Commercial service unions
Communications & hi-tech unions
Automotive Manufacturing union
Teamsters union
Elderly issues/Social Security
Labor Unions
Human Rights
Fiscal & tax policy
Consumer groups
$197,000
$45,000
$8,250,935
$7,379,240
$1,123,000
$455,196
$910,780
$750
$547,752
$341,900
$563,701
$277,875
$392,318
$525,766
$587,558
$224,126
$612,336
$374,750
$704,480
$294,232
$43,350
$23,852,045
$0
50 Organizations Supported and 0 Opposed; See Which Ones
50 Organizations Supported and 0 Opposed; See Which Ones

Organizations that took a position on
Carried Interest Fairness Act of 2015

50 organizations supported this bill

AFL-CIO
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Agenda Project
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Alliance for a Just Society
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
American Association of University Women
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
American Family Voices
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
American Federation of Government Employees
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
American Federation of State, County and Municipal Employees
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
American Federation of Teachers
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Americans for Democratic Action
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Americans for Tax Fairness
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Arc of the United States
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Association of University Centers on Disabilities
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Campaign for America's Future
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Center for Effective Government
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Center for Global Policy Solutions
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Center for Popular Democracy
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Coalition on Human Needs
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Committee for a Responsible Federal Budget
Committee for a Responsible Federal Budget (2015, July 1). Levin, Baldwin Introduce Bill to Close Carried Interest Loophole. Retrieved June 13, 2016, from Committee for a Responsible Federal Budget.
Communications Workers of America
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Democracy For America
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Every Child Matters
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
International Brotherhood of Teamsters
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
International Union, United Automobile, Aerospace and Agricultural Implement Workers of America
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Leadership Conference on Civil and Human Rights
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Main Street Alliance
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
MomsRising
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Association of Social Workers
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Committee to Preserve Social Security and Medicare
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Education Association
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Fair Housing Alliance
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Health Care for the Homeless Council
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Housing Trust
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Low Income Housing Coalition
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Organization for Women
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National People's Action
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
National Women's Law Center
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
OWL - The Voice of Midlife and Older Women
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Patriotic Millionaires
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Public Citizen
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Racial and Ethnic Health Disparities Coalition
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Responsible Wealth
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
RESULTS
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
RootsAction
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Service Employees International Union
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Steelworkers Organization of Active Retirees
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
United for a Fair Economy
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
United Steelworkers
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
USAction
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Voices for Progress
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.
Working America
undersigned organizations (2015, October 14). 52 Organizations Support Baldwin Effort to Use Carried Interest Revenue to Avoid Sequester Cuts. Retrieved October 15, 2015, from ATR.

0 organizations opposed this bill

Need proof?

View citations of support and opposition

Includes reported contributions to congressional campaigns of Senators in office during the 114th U.S. Congress, from interest groups invested in the vote according to MapLight, November 29, 2010 – November 28, 2016.
Contributions data source: OpenSecrets.org

Add Data Filters:

Contributions by Legislator

Namesort iconPartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Andrew Lamar AlexanderRTN$27,078$0
Kelly AyotteRNH$92,221$0
Tammy BaldwinDWI$1,733,133$0
John BarrassoRWY$25,000$0
Michael F. BennetDCO$809,534$0
Richard BlumenthalDCT$141,735$0
Roy BluntRMO$124,930$0
Cory A. BookerDNJ$337,734$0
John BoozmanRAR$18,835$0
Barbara BoxerDCA$16,897$0
Sherrod BrownDOH$1,216,729$0
Richard BurrRNC$28,450$0
Maria CantwellDWA$123,653$0
Shelley Moore CapitoRWV$85,149$0
Ben CardinDMD$187,500$0
Tom CarperDDE$60,700$0
Bob CaseyDPA$263,113$0
Bill CassidyRLA$26,449$0
Daniel CoatsRIN$5,500$0
William Thad CochranRMS$33,050$0
Susan M. CollinsRME$55,600$0
Christopher A. CoonsDDE$137,322$0
Bob CorkerRTN$24,100$0
John CornynRTX$18,200$0
Tom CottonRAR$50,987$0
Mike CrapoRID$6,950$0
Ted CruzRTX$20,099$0
Steve DainesRMT$15,600$0
Joe DonnellyDIN$205,994$0
Dick DurbinDIL$175,558$0
Mike EnziRWY$15,450$0
Joni ErnstRIA$19,699$0
Dianne FeinsteinDCA$298,993$0
Deb FischerRNE$26,000$0
Jeff FlakeRAZ$12,600$0
Al FrankenDMN$399,114$0
Cory GardnerRCO$42,255$0
Kirsten E. GillibrandDNY$854,620$0
Lindsey GrahamRSC$25,800$0
Chuck GrassleyRIA$17,900$0
Orrin G. HatchRUT$29,050$0
Martin HeinrichDNM$307,444$0
Heidi HeitkampDND$370,371$0
Dean HellerRNV$13,500$0
Mazie K. HironoDHI$655,364$0
John HoevenRND$8,333$0
Jim InhofeROK$16,250$0
Johnny IsaksonRGA$19,600$0
Ron JohnsonRWI$29,075$0
Tim KaineDVA$968,174$0
Angus S. King, Jr.IME$61,215$0
Mark KirkRIL$31,270$0
Amy KlobucharDMN$379,450$0
James LankfordROK$56,000$0
Patrick J. LeahyDVT$161,515$0
Mike LeeRUT$3,753$0
Joe Manchin, IIIDWV$115,125$0
Ed MarkeyDMA$455,585$0
John McCainRAZ$60,753$0
Claire McCaskillDMO$1,540,923$0
Addison "Mitch" McConnellRKY$47,300$0
Bob MenéndezDNJ$178,400$0
Jeff MerkleyDOR$235,677$0
Barbara A. MikulskiDMD$20,500$0
Jerry MoranRKS$32,000$0
Lisa MurkowskiRAK$40,118$0
Chris MurphyDCT$488,270$0
Patty MurrayDWA$770,758$0
Clarence "Bill" NelsonDFL$226,318$0
Rand PaulRKY$10,395$0
David PerdueRGA$13,400$0
Gary C. PetersDMI$754,593$0
Rob PortmanROH$53,060$0
John "Jack" ReedDRI$77,025$0
Harry ReidDNV$25,517$0
Jim RischRID$15,500$0
Charles "Pat" RobertsRKS$13,439$0
Mike RoundsRSD$5,750$0
Marco RubioRFL$45,372$0
Bernie SandersIVT$426,810$0
Ben SasseRNE$9,700$0
Brian SchatzDHI$273,681$0
Chuck SchumerDNY$237,271$0
Tim ScottRSC$23,550$0
Jeff SessionsRAL$2,000$0
Jeanne ShaheenDNH$1,102,226$0
Richard C. ShelbyRAL$12,500$0
Debbie StabenowDMI$548,097$0
Dan SullivanRAK$17,794$0
Jon TesterDMT$499,223$0
John ThuneRSD$33,971$0
Thom TillisRNC$12,200$0
Patrick J. ToomeyRPA$72,430$0
Tom UdallDNM$221,917$0
David VitterRLA$3,500$0
Mark R. WarnerDVA$154,864$0
Elizabeth WarrenDMA$3,743,931$0
Sheldon WhitehouseDRI$139,757$0
Roger F. WickerRMS$3,750$0
Ron WydenDOR$196,500$0

Add Data Filters:

Legislator Filters
Legislator Filters
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NamePartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Andrew Lamar AlexanderRTN$27,078$0
Kelly AyotteRNH$92,221$0
Tammy BaldwinDWI$1,733,133$0
John BarrassoRWY$25,000$0
Michael F. BennetDCO$809,534$0
Richard BlumenthalDCT$141,735$0
Roy BluntRMO$124,930$0
Cory A. BookerDNJ$337,734$0
John BoozmanRAR$18,835$0
Barbara BoxerDCA$16,897$0
Sherrod BrownDOH$1,216,729$0
Richard BurrRNC$28,450$0
Maria CantwellDWA$123,653$0
Shelley Moore CapitoRWV$85,149$0
Ben CardinDMD$187,500$0
Tom CarperDDE$60,700$0
Bob CaseyDPA$263,113$0
Bill CassidyRLA$26,449$0
Daniel CoatsRIN$5,500$0
William Thad CochranRMS$33,050$0
Susan M. CollinsRME$55,600$0
Christopher A. CoonsDDE$137,322$0
Bob CorkerRTN$24,100$0
John CornynRTX$18,200$0
Tom CottonRAR$50,987$0
Mike CrapoRID$6,950$0
Ted CruzRTX$20,099$0
Steve DainesRMT$15,600$0
Joe DonnellyDIN$205,994$0
Dick DurbinDIL$175,558$0
Mike EnziRWY$15,450$0
Joni ErnstRIA$19,699$0
Dianne FeinsteinDCA$298,993$0
Deb FischerRNE$26,000$0
Jeff FlakeRAZ$12,600$0
Al FrankenDMN$399,114$0
Cory GardnerRCO$42,255$0
Kirsten E. GillibrandDNY$854,620$0
Lindsey GrahamRSC$25,800$0
Chuck GrassleyRIA$17,900$0
Orrin G. HatchRUT$29,050$0
Martin HeinrichDNM$307,444$0
Heidi HeitkampDND$370,371$0
Dean HellerRNV$13,500$0
Mazie K. HironoDHI$655,364$0
John HoevenRND$8,333$0
Jim InhofeROK$16,250$0
Johnny IsaksonRGA$19,600$0
Ron JohnsonRWI$29,075$0
Tim KaineDVA$968,174$0
Angus S. King, Jr.IME$61,215$0
Mark KirkRIL$31,270$0
Amy KlobucharDMN$379,450$0
James LankfordROK$56,000$0
Patrick J. LeahyDVT$161,515$0
Mike LeeRUT$3,753$0
Joe Manchin, IIIDWV$115,125$0
Ed MarkeyDMA$455,585$0
John McCainRAZ$60,753$0
Claire McCaskillDMO$1,540,923$0
Addison "Mitch" McConnellRKY$47,300$0
Bob MenéndezDNJ$178,400$0
Jeff MerkleyDOR$235,677$0
Barbara A. MikulskiDMD$20,500$0
Jerry MoranRKS$32,000$0
Lisa MurkowskiRAK$40,118$0
Chris MurphyDCT$488,270$0
Patty MurrayDWA$770,758$0
Clarence "Bill" NelsonDFL$226,318$0
Rand PaulRKY$10,395$0
David PerdueRGA$13,400$0
Gary C. PetersDMI$754,593$0
Rob PortmanROH$53,060$0
John "Jack" ReedDRI$77,025$0
Harry ReidDNV$25,517$0
Jim RischRID$15,500$0
Charles "Pat" RobertsRKS$13,439$0
Mike RoundsRSD$5,750$0
Marco RubioRFL$45,372$0
Bernie SandersIVT$426,810$0
Ben SasseRNE$9,700$0
Brian SchatzDHI$273,681$0
Chuck SchumerDNY$237,271$0
Tim ScottRSC$23,550$0
Jeff SessionsRAL$2,000$0
Jeanne ShaheenDNH$1,102,226$0
Richard C. ShelbyRAL$12,500$0
Debbie StabenowDMI$548,097$0
Dan SullivanRAK$17,794$0
Jon TesterDMT$499,223$0
John ThuneRSD$33,971$0
Thom TillisRNC$12,200$0
Patrick J. ToomeyRPA$72,430$0
Tom UdallDNM$221,917$0
David VitterRLA$3,500$0
Mark R. WarnerDVA$154,864$0
Elizabeth WarrenDMA$3,743,931$0
Sheldon WhitehouseDRI$139,757$0
Roger F. WickerRMS$3,750$0
Ron WydenDOR$196,500$0

Interest Groups that supported this bill

Uncheck All
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$ Donated
Women's issues$8,250,935
Democratic/Liberal$7,379,240
Federal employees unions$1,123,000
Teachers unions$910,780
Manufacturing unions$704,480
Minority/Ethnic Groups$612,336
Welfare & Social Work$587,558
Children's rights$563,701
Health & welfare policy$547,752
Churches, clergy & religious organizations$525,766
State & local govt employee unions$455,196
Small business associations$392,318
Commercial service unions$374,750
Communications & hi-tech unions$341,900
Automotive Manufacturing union$294,232
Teamsters union$277,875
Elderly issues/Social Security$224,126
Labor Unions$197,000
Human Rights$45,000
Fiscal & tax policy$43,350
Consumer groups$750

Interest Groups that opposed this bill

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