Affirming that private equity plays an important role in growing and strengthening United States businesses throughout all sectors of the economy and in every State and congressional district and that it has fostered significant investment in the United States economy.
Latest action · Oct 6, 2015 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried. A simple resolution is the business of one chamber alone: it is not sent to the other chamber or to the President, and does not become law.
- IntroducedOct 6, 2015
- Agreed to in HouseNot reached
Summary
Affirms that private equity: (1) plays an important role in growing and strengthening U.S. businesses throughout all sectors of the economy and in every state and congressional district, and (2) has fostered significant investment in the U.S. economy.
Expresses the sense of the House of Representatives that Congress should maintain normative tax policy that carried interest income resulting from the sale of a capital asset is capital gains income.
Cosponsors 29
Members who signed on, in the order they did. Signatures ran from Oct 6, 2015 to May 24, 2016; 28 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WV | Alexander X. Mooney | Original | Oct 6, 2015 |
| R-TX | Bill Flores | Original | Oct 6, 2015 |
| R-MO | Blaine Luetkemeyer | Original | Oct 6, 2015 |
| R-TX | Blake Farenthold | Original | Oct 6, 2015 |
| R-TX | Brian Babin | Original | Oct 6, 2015 |
| R-LA | Charles W. Boustany, Jr. | Original | Oct 6, 2015 |
| R-NY | Chris Collins | Original | Oct 6, 2015 |
| R-CA | Doug LaMalfa | Original | Oct 6, 2015 |
| R-CO | Doug Lamborn | Original | Oct 6, 2015 |
| R-OK | Frank D. Lucas | Original | Oct 6, 2015 |
| R-TX | John R. Carter | Original | Oct 6, 2015 |
| R-TX | Kenny Marchant | Original | Oct 6, 2015 |
| R-TX | Lamar Smith | Original | Oct 6, 2015 |
| R-TX | Louie Gohmert | Original | Oct 6, 2015 |
| R-TN | Marsha Blackburn | Original | Oct 6, 2015 |
| R-AZ | Matt Salmon | Original | Oct 6, 2015 |
| R-NC | Patrick T. McHenry | Original | Oct 6, 2015 |
| R-TX | Pete Olson | Original | Oct 6, 2015 |
| R-TX | Pete Sessions | Original | Oct 6, 2015 |
| R-TX | Randy K. Weber, Sr. | Original | Oct 6, 2015 |
| R-NC | Richard Hudson | Original | Oct 6, 2015 |
| R-GA | Rick W. Allen | Original | Oct 6, 2015 |
| R-VA | Robert Hurt | Original | Oct 6, 2015 |
| R-NM | Stevan Pearce | Original | Oct 6, 2015 |
| R-OH | Steve Stivers | Original | Oct 6, 2015 |
| R-IN | Todd Rokita | Original | Oct 6, 2015 |
| R-IN | Todd Young | Original | Oct 6, 2015 |
| R-AZ | Trent Franks | Original | Oct 6, 2015 |
| R-NJ | Thomas MacArthur | May 24, 2016 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Oct 6, 2015 |
| House | Financial Services Committee | Referred Oct 6, 2015 |
Actions 2
Everything that happened, newest first.
- Oct 6, 2015Introduced in House
- Oct 6, 2015Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- Affirming that private equity plays an important role in growing and strengthening United States businesses throughout all sectors of the economy and in every State and congressional district and that it has fostered significant investment in the United States economy.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Oct 6, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
