<mods xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.loc.gov/mods/v3" version="3.3" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-3.xsd" ID="P0b002ee1d09c5ecd">
    <name type="corporate">
         <namePart>United States Government Publishing Office</namePart>
         <role>
              <roleTerm authority="marcrelator" type="text">publisher</roleTerm>
              <roleTerm authority="marcrelator" type="code">pbl</roleTerm>
        </role>
         <role>
              <roleTerm authority="marcrelator" type="text">distributor</roleTerm>
              <roleTerm authority="marcrelator" type="code">dst</roleTerm>
        </role>
    </name>
    <name type="corporate">
         <namePart>United States</namePart>
         <namePart>Congress</namePart>
         <namePart>Senate</namePart>
         <role>
              <roleTerm authority="marcrelator" type="text">author</roleTerm>
              <roleTerm authority="marcrelator" type="code">aut</roleTerm>
        </role>
         <description>Government Organization</description>
    </name>
    <typeOfResource>text</typeOfResource>
    <genre authority="marcgt">government publication</genre>
    <language>
         <languageTerm type="code" authority="iso639-2b">eng</languageTerm>
    </language>
    <extension>
         <collectionCode>BILLS</collectionCode>
         <searchTitle>To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities.;Carried Interest Fairness Act of 2025;S. 445 (IS)
    </searchTitle>
         <category>Bills and Statutes</category>
         <waisDatabaseName>119_cong_bills</waisDatabaseName>
         <branch>legislative</branch>
         <dateIngested>2025-03-11</dateIngested>
    </extension>
    <titleInfo>
         <title>To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities.</title>
    </titleInfo>
    <titleInfo type="alternative">
         <title>Carried Interest Fairness Act of 2025</title>
    </titleInfo>
    <titleInfo type="alternative">
         <title>S. 445 (IS)
    </title>
    </titleInfo>
    <originInfo>
         <publisher>U.S. Government Publishing Office</publisher>
         <dateIssued encoding="w3cdtf">2025-02-06</dateIssued>
         <issuance>monographic</issuance>
    </originInfo>
    <physicalDescription>
         <note type="source content type">deposited</note>
         <digitalOrigin>born digital</digitalOrigin>
         <extent>45 p.</extent>
    </physicalDescription>
    <classification authority="sudocs">Y 1.6:</classification>
    <classification authority="sudocs">Y 1.4/1:</classification>
    <identifier type="local">P0b002ee1d09c5ecd</identifier>
    <identifier type="uri">https://www.govinfo.gov/app/details/BILLS-119s445is</identifier>
    <identifier type="preferred citation">S. 445</identifier>
    <identifier type="stock number">021-610-00252-9</identifier>
    <identifier type="Parent ILS system id">000501532</identifier>
    <identifier type="Child ILS system id">000325576</identifier>
    <identifier type="Parent ILS title">Congressional bills</identifier>
    <identifier type="Child ILS title">Senate bills</identifier>
    <identifier type="former package identifier">f:s445_is.txt</identifier>
    <location>
         <url displayLabel="Content Detail" access="object in context">https://www.govinfo.gov/app/details/BILLS-119s445is</url>
         <url displayLabel="HTML rendition" access="raw object">https://www.govinfo.gov/content/pkg/BILLS-119s445is/html/BILLS-119s445is.htm</url>
         <url displayLabel="PDF rendition" access="raw object">https://www.govinfo.gov/content/pkg/BILLS-119s445is/pdf/BILLS-119s445is.pdf</url>
         <url displayLabel="XML rendition" access="raw object">https://www.govinfo.gov/content/pkg/BILLS-119s445is/xml/BILLS-119s445is.xml</url>
    </location>
    <accessCondition type="GPO scope determination">fdlp</accessCondition>
    <recordInfo>
         <recordContentSource authority="marcorg">DGPO</recordContentSource>
         <recordCreationDate encoding="w3cdtf">2025-03-11</recordCreationDate>
         <recordChangeDate encoding="w3cdtf">2026-07-11</recordChangeDate>
         <recordIdentifier source="DGPO">BILLS-119s445is</recordIdentifier>
         <recordOrigin>machine generated</recordOrigin>
         <languageOfCataloging>
              <languageTerm type="code" authority="iso639-2b">eng</languageTerm>
        </languageOfCataloging>
    </recordInfo>
    <name type="personal">
         <namePart>Tammy Baldwin</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm authority="marcrelator" type="text">sponsor</roleTerm>
              <roleTerm authority="marcrelator" type="code">spn</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Chris Van Hollen</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Patty Murray</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Brian Schatz</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Edward J. Markey</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Amy Klobuchar</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Tim Kaine</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Jeff Merkley</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Jack Reed</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Mazie K. Hirono</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Elizabeth Warren</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Bernard Sanders</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Cory A. Booker</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="personal">
         <namePart>Peter Welch</namePart>
         <affiliation>United States Senate</affiliation>
         <role>
              <roleTerm type="text">cosponsor</roleTerm>
        </role>
         <description>United States Congress Member</description>
    </name>
    <name type="corporate">
         <namePart>United States</namePart>
         <namePart>Congress</namePart>
         <namePart>Senate</namePart>
         <namePart>Committee on Finance</namePart>
         <role>
              <roleTerm authority="marcrelator" type="text">associated name</roleTerm>
              <roleTerm authority="marcrelator" type="code">asn</roleTerm>
        </role>
    </name>
    <relatedItem type="isReferencedBy">
         <titleInfo>
              <title>United States Code</title>
        </titleInfo>
    </relatedItem>
    <extension>
         <docClass>s</docClass>
         <accessId>BILLS-119s445is</accessId>
         <congress>119</congress>
         <session>1</session>
         <originChamber>SENATE</originChamber>
         <currentChamber>SENATE</currentChamber>
         <billNumber>445</billNumber>
         <billVersion reprint="false">is</billVersion>
         <fileSuffix>is</fileSuffix>
         <shortTitle type="measure">Carried Interest Fairness Act of 2025</shortTitle>
         <officialTitle>To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities.</officialTitle>
         <action date="2025-02-06">Ms. Baldwin (for herself, Mr. Van Hollen, Mrs. Murray, Mr. Schatz, Mr. Markey, Ms. Klobuchar, Mr. Kaine, Mr. Merkley, Mr. Reed, Ms. Hirono, Ms. Warren, Mr. Sanders, Mr. Booker, and Mr. Welch) introduced the following bill; which was read twice and referred to the Committee on Finance</action>
         <congCommittee authorityId="ssfi00" chamber="S" congress="119" type="S">
                                
              <name type="authority-standard">Committee on Finance</name>
                                
              <name type="authority-short">Finance</name>
                            
        </congCommittee>
         <congMember bioGuideId="B001230" chamber="S" congress="119" party="D" role="SPONSOR" state="WI">
                                
              <name type="parsed">Ms. Baldwin</name>
                                
              <name type="authority-fnf">Tammy Baldwin</name>
                                
              <name type="authority-lnf">Baldwin, Tammy</name>
                            
        </congMember>
         <congMember bioGuideId="V000128" chamber="S" congress="119" party="D" role="COSPONSOR" state="MD">
                                
              <name type="parsed">Mr. Van Hollen</name>
                                
              <name type="authority-fnf">Chris Van Hollen</name>
                                
              <name type="authority-lnf">Van Hollen, Chris</name>
                            
        </congMember>
         <congMember bioGuideId="M001111" chamber="S" congress="119" party="D" role="COSPONSOR" state="WA">
                                
              <name type="parsed">Mrs. Murray</name>
                                
              <name type="authority-fnf">Patty Murray</name>
                                
              <name type="authority-lnf">Murray, Patty</name>
                            
        </congMember>
         <congMember bioGuideId="S001194" chamber="S" congress="119" party="D" role="COSPONSOR" state="HI">
                                
              <name type="parsed">Mr. Schatz</name>
                                
              <name type="authority-fnf">Brian Schatz</name>
                                
              <name type="authority-lnf">Schatz, Brian</name>
                            
        </congMember>
         <congMember bioGuideId="M000133" chamber="S" congress="119" party="D" role="COSPONSOR" state="MA">
                                
              <name type="parsed">Mr. Markey</name>
                                
              <name type="authority-fnf">Edward J. Markey</name>
                                
              <name type="authority-lnf">Markey, Edward J.</name>
                                
              <name type="authority-other">Edward Markey</name>
                            
        </congMember>
         <congMember bioGuideId="K000367" chamber="S" congress="119" party="D" role="COSPONSOR" state="MN">
                                
              <name type="parsed">Ms. Klobuchar</name>
                                
              <name type="authority-fnf">Amy Klobuchar</name>
                                
              <name type="authority-lnf">Klobuchar, Amy</name>
                            
        </congMember>
         <congMember bioGuideId="K000384" chamber="S" congress="119" party="D" role="COSPONSOR" state="VA">
                                
              <name type="parsed">Mr. Kaine</name>
                                
              <name type="authority-fnf">Tim Kaine</name>
                                
              <name type="authority-lnf">Kaine, Tim</name>
                                
              <name type="authority-other">Timothy Kaine</name>
                                
              <name type="authority-other">Timothy M. Kaine</name>
                            
        </congMember>
         <congMember bioGuideId="M001176" chamber="S" congress="119" party="D" role="COSPONSOR" state="OR">
                                
              <name type="parsed">Mr. Merkley</name>
                                
              <name type="authority-fnf">Jeff Merkley</name>
                                
              <name type="authority-lnf">Merkley, Jeff</name>
                            
        </congMember>
         <congMember bioGuideId="R000122" chamber="S" congress="119" party="D" role="COSPONSOR" state="RI">
                                
              <name type="parsed">Mr. Reed</name>
                                
              <name type="authority-fnf">Jack Reed</name>
                                
              <name type="authority-lnf">Reed, Jack</name>
                                
              <name type="authority-other">John Reed</name>
                                
              <name type="authority-other">John F. Reed</name>
                            
        </congMember>
         <congMember bioGuideId="H001042" chamber="S" congress="119" party="D" role="COSPONSOR" state="HI">
                                
              <name type="parsed">Ms. Hirono</name>
                                
              <name type="authority-fnf">Mazie K. Hirono</name>
                                
              <name type="authority-lnf">Hirono, Mazie K.</name>
                                
              <name type="authority-other">Mazie Hirono</name>
                            
        </congMember>
         <congMember bioGuideId="W000817" chamber="S" congress="119" party="D" role="COSPONSOR" state="MA">
                                
              <name type="parsed">Ms. Warren</name>
                                
              <name type="authority-fnf">Elizabeth Warren</name>
                                
              <name type="authority-lnf">Warren, Elizabeth</name>
                                
              <name type="authority-other">Elizabeth A. Warren</name>
                            
        </congMember>
         <congMember bioGuideId="S000033" chamber="S" congress="119" party="I" role="COSPONSOR" state="VT">
                                
              <name type="parsed">Mr. Sanders</name>
                                
              <name type="authority-fnf">Bernard Sanders</name>
                                
              <name type="authority-lnf">Sanders, Bernard</name>
                                
              <name type="authority-other">Bernie Sanders</name>
                            
        </congMember>
         <congMember bioGuideId="B001288" chamber="S" congress="119" party="D" role="COSPONSOR" state="NJ">
                                
              <name type="parsed">Mr. Booker</name>
                                
              <name type="authority-fnf">Cory A. Booker</name>
                                
              <name type="authority-lnf">Booker, Cory A.</name>
                                
              <name type="authority-other">Cory Booker</name>
                            
        </congMember>
         <congMember bioGuideId="W000800" chamber="S" congress="119" party="D" role="COSPONSOR" state="VT">
                                
              <name type="parsed">Mr. Welch</name>
                                
              <name type="authority-fnf">Peter Welch</name>
                                
              <name type="authority-lnf">Welch, Peter</name>
                            
        </congMember>
         <isPrivate>false</isPrivate>
         <isAppropriation>false</isAppropriation>
         <USCode title="26"></USCode>
    </extension>
</mods>