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Increase the tax rate on investment profits earned by private equity managers to match the rate for regular income.

One policy goal, tracked across every bill that has carried it.

Known asEnding the Carried Interest Loophole Act

What’s happening with Ending the Carried Interest Loophole Act?

The bill S. 4330 sits in the Senate Committee on Finance as of April 15, 2026. The committee members must decide whether to hold a vote to move the bill forward, but most bills fail because committees do not take action on them. This pattern of inaction has stopped similar proposals in the past, including S. 3317 which expired in 2023.

Updated July 9, 2026 · Generated by AI. Always verify with official sources.

Where it stands

Now carried by Ending the Carried Interest Loophole Act (S. 4330 (119th)) →

Legislative Progress

Senate
House
President
Law

How we got here

Every bill that has carried this goal, oldest first.

  1. Died with Congress · Jan 3, 2025

    Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.

  2. Reintroduced · Jan 3, 2025

    Reintroduced from S. 3317 (118th), which died when its Congress ended.

    S. 3317 (118th)

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Who’s behind it

Ron Wyden (D-OR)Wrote and sponsored the current bill.