# 114-hr-2889: Carried Interest Fairness Act of 2015

114-hr-2889, Carried Interest Fairness Act of 2015, is a 114th Congress bill sponsored by SANDER LEVIN (D-MI); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-2889
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-2889
- Congress: 114
- Title: Carried Interest Fairness Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-06-25
- Sponsor: SANDER LEVIN (D-MI)
- Cosponsors: 58
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Carried Interest Fairness Act of 2015  Amends the Internal Revenue Code to: (1) set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services, (2) treat as ordinary income the net capital gain with respect to an investment services partnership interest except to the extent such gain is attributable to a partner's qualified capital interest, (3) exempt income from investment services partnership interests from treatment as qualifying income of a publicly traded partnership, (4) exempt certain family partnerships from the application of this Act; (5) increase the penalty for underpayments of tax resulting from failure to treat income from an investment services partnership interest as ordinary income, and (6) include income and loss from an investment services partnership interest for purposes of determining net earnings from self-employment and applicable self-employment taxes. Defines "investment services partnership interest" as any interest in a partnership held by a person who provides services to a partnership by: (1) advising the partnership about investing in, purchasing, or selling specified assets; (2) managing, acquiring, or disposing of specified assets; or (3) arranging financing with respect to acquiring specified assets.

## Cosponsors (58)

- Sen. Van Hollen, Chris [D-MD] (D-MD), 2015-06-25T00:00:00.000Z
- CHARLES RANGEL (D-NY), 2015-06-25T00:00:00.000Z
- JIM MCDERMOTT (D-WA), 2015-06-25T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2015-10-01T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-04-20T00:00:00.000Z
- ELIJAH CUMMINGS (D-MD), 2016-04-20T00:00:00.000Z
- Rep. Beyer, Donald S. [D-VA-8] (D-VA), 2016-05-11T00:00:00.000Z
- Rep. DeLauro, Rosa L. [D-CT-3] (D-CT), 2016-05-11T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2016-05-11T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2016-05-11T00:00:00.000Z
- Rep. Velázquez, Nydia M. [D-NY-7] (D-NY), 2016-05-25T00:00:00.000Z
- JOHN CONYERS (D-MI), 2016-05-25T00:00:00.000Z
- Rep. DeFazio, Peter A. [D-OR-4] (D-OR), 2016-05-25T00:00:00.000Z
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ), 2016-05-25T00:00:00.000Z
- Sen. Duckworth, Tammy [D-IL] (D-IL), 2016-06-03T00:00:00.000Z
- Rep. Napolitano, Grace F. [D-CA-31] (D-CA), 2016-06-03T00:00:00.000Z
- Rep. Kirkpatrick, Ann [D-AZ-1] (D-AZ), 2016-06-03T00:00:00.000Z
- Rep. Takano, Mark [D-CA-39] (D-CA), 2016-06-08T00:00:00.000Z
- Rep. Pallone, Frank [D-NJ-6] (D-NJ), 2016-07-06T00:00:00.000Z
- Rep. Roybal-Allard, Lucille [D-CA-40] (D-CA), 2016-07-06T00:00:00.000Z
- LOUISE SLAUGHTER (D-NY), 2016-07-06T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2016-07-06T00:00:00.000Z
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA), 2016-07-06T00:00:00.000Z
- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2016-07-13T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2016-07-13T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2015-06-25T00:00:00.000Z
- Rep. Grayson, Alan [D-FL-9] (D-FL), 2016-05-11T00:00:00.000Z
- Rep. Sarbanes, John P. [D-MD-3] (D-MD), 2016-05-11T00:00:00.000Z
- Rep. Garamendi, John [D-CA-8] (D-CA), 2016-05-11T00:00:00.000Z
- Rep. Lowenthal, Alan S. [D-CA-47] (D-CA), 2016-05-11T00:00:00.000Z
- LUIS GUTIERREZ (D-IL), 2016-05-25T00:00:00.000Z
- Rep. Higgins, Brian [D-NY-26] (D-NY), 2016-05-25T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2016-06-08T00:00:00.000Z
- Rep. Scott, Robert C. "Bobby" [D-VA-3] (D-VA), 2016-07-06T00:00:00.000Z
- JOSE SERRANO (D-NY), 2016-07-06T00:00:00.000Z
- Rep. Hastings, Alcee L. [D-FL-20] (D-FL), 2016-07-06T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2016-09-08T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2016-09-22T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2016-09-22T00:00:00.000Z
- Rep. Wilson, Frederica S. [D-FL-24] (D-FL), 2016-09-27T00:00:00.000Z
- Rep. Cicilline, David N. [D-RI-1] (D-RI), 2016-09-27T00:00:00.000Z
- CORRINE BROWN (D-FL), 2016-11-17T00:00:00.000Z
- Rep. Price, David E. [D-NC-4] (D-NC), 2016-11-17T00:00:00.000Z
- ROBERT BRADY (D-PA), 2016-12-16T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2016-09-08T00:00:00.000Z
- Rep. Courtney, Joe [D-CT-2] (D-CT), 2016-09-08T00:00:00.000Z
- Rep. Jeffries, Hakeem S. [D-NY-8] (D-NY), 2016-09-08T00:00:00.000Z
- Rep. Maloney, Sean Patrick [D-NY-18] (D-NY), 2016-09-08T00:00:00.000Z
- Rep. Nadler, Jerrold [D-NY-12] (D-NY), 2016-09-08T00:00:00.000Z
- Rep. Lee, Barbara [D-CA-12] (D-CA), 2016-09-20T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2016-09-22T00:00:00.000Z
- Rep. Langevin, James R. [D-RI-2] (D-RI), 2016-09-27T00:00:00.000Z
- Rep. Lofgren, Zoe [D-CA-18] (D-CA), 2016-11-17T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2016-11-17T00:00:00.000Z
- Rep. Adams, Alma S. [D-NC-12] (D-NC), 2016-11-17T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2016-11-17T00:00:00.000Z
- Rep. Gabbard, Tulsi [D-HI-2] (D-HI), 2016-11-17T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2016-11-17T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-3268: PAST Act
- 114-hr-2150: Raise the Wage Act
- 114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act
- 114-hr-1619: Paycheck Fairness Act

## Sources
- [114-hr-2889 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/2889)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-2150: Raise the Wage Act](https://policyrisk.com/legislation/114-hr-2150)
- [114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act](https://policyrisk.com/legislation/114-hr-1786)
- [114-hr-1619: Paycheck Fairness Act](https://policyrisk.com/legislation/114-hr-1619)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-2889 (as of 2025-11-18).