Maddy summaryThe Carried Interest Fairness Act of 2025 would change how certain investment management compensation is taxed by reclassifying net capital gains from "investment services partnership interests" as ordinary income rather than capital gains. This would affect private equity and hedge fund managers who receive carried interest as compensation, changing their tax treatment from capital gains rates to ordinary income rates. The bill creates specific rules that treat net capital gains as ordinary income while limiting capital losses to the amount of previously taxed ordinary income. It also requires that gains from dispositions of these interests be treated as ordinary income, and establishes special rules for qualified capital interests within these partnerships. The legislation would apply to partnerships where individuals provide investment management services related to the partnership's assets.
Rep. Donald S. Beyer, Jr.
Sponsored bills
Protecting Sensitive Locations Act This bill prohibits immigration enforcement actions within 1,000 feet of a sensitive location except in exigent circumstances, such as the imminent risk of death, violence, or physical harm to any person. Sensitive locations include health care facilities; schools and school bus stops; places that provide assistance for people such as children, pregnant women, and abuse victims; child care facilities; places that provide disaster or emergency services; places of worship; courthouses and lawyers’ offices; facilities used as polling places; certain labor union facilities; and public assistance offices. The prohibition shall apply to Department of Homeland Security officers and agents, as well as state employees pursuing immigration enforcement actions. If an enforcement action is carried out in violation of this prohibition (1) no information resulting from the action may be entered into the record in a resulting removal proceeding, and (2) the affected individual may move to immediately terminate such a proceeding. U.S. Immigration and Customs Enforcement and U.S. Customs and Border Protection shall annually report to Congress about enforcement actions taken at sensitive locations in the preceding year.
Protect Our Letter Carriers Act of 2025 This bill requires or authorizes certain actions related to the U.S. Postal Service (USPS). The bill requires the Department of Justice to appoint an assistant U.S. attorney in each judicial district to coordinate and supervise the investigation and prosecution of various crimes related to postal services (for example, assault on a postal service employee, breaking into a post office, or obstruction of mails). The bill also requires the U.S. Sentencing Commission to amend sentencing guidelines to provide that the assault or robbery of a postal employee shall be treated the same as the assault of a law enforcement officer. Additionally, the bill authorizes appropriations for the USPS to install high security collection boxes and replace older versions of the universal mailbox key with electronic versions.
Maddy summaryThe Scientific Integrity Act requires federal agencies that fund, conduct, or oversee scientific research to adopt policies preventing political interference in scientific work. These policies must prohibit suppressing, altering, or delaying the communication of scientific findings and ensure hiring and decisions are based on expertise - not politics. Agencies must appoint a Scientific Integrity Officer to enforce the policies, handle complaints, and submit annual reports to Congress and the Office of Science and Technology Policy. The bill directly affects scientists and staff in covered agencies by safeguarding their ability to share research freely and maintain ethical standards in scientific communication.
Maddy summaryHR 1087, the United States Colored Troops Congressional Gold Medal Act, authorizes a posthumous Congressional Gold Medal to be awarded collectively to African Americans who served with Union forces during the Civil War, including the United States Colored Troops (USCT) and African-American sailors in the Union Navy. The medal, designed by the Secretary of the Treasury, will be presented by the Speaker of the House and President pro tempore of the Senate and then transferred to the Smithsonian Institution for public display and research. The bill also permits the production and sale of bronze duplicates to cover costs, with proceeds deposited into the U.S. Mint's fund. This legislation formally recognizes the service of approximately 200,000 African-American soldiers in the Union Army and 19,000 in the Union Navy, who faced racial discrimination but served with distinction.
Maddy summaryThis bill permanently extends the New Markets Tax Credit (NMTC), a federal tax incentive that encourages private investment in low-income communities. It directly affects community development entities (CDEs) that channel capital into underserved neighborhoods for projects like housing, healthcare, and businesses. Key provisions include permanently extending the credit beyond 2025, adding annual inflation adjustments to the credit amount starting in 2026, and ensuring the credit isn't reduced by the alternative minimum tax for investments made after December 2024. The changes apply to taxable years beginning after December 2024, providing long-term stability for community development financing.
Maddy summaryThis bill would require the President to nominate and the Senate to confirm one new Supreme Court Justice every two years during the first and third years after a presidential election. After serving 18 years, a Justice would automatically retire from active service (except for those appointed before the bill's enactment), and the Chief Justice would assign retired Justices (now called "Senior Justices") to fill vacancies until new appointments are made. The Senate would have 120 days to act on a nomination; if it fails to do so, the nominee would be seated automatically without confirmation. The bill directly affects the President, Senate, and Supreme Court Justices by restructuring appointments and retirement rules.
Maddy summaryHRES 116 is a non-binding House resolution condemning pardons granted to individuals convicted of assaulting Capitol Police officers. It expresses the House's disapproval of such pardons but does not alter any laws or affect legal proceedings. The resolution has no legal force and serves only as a formal statement of disapproval by the sponsoring lawmakers. It directly addresses the pardons of specific individuals found guilty in criminal cases related to the January 6, 2021, Capitol breach.
Maddy summaryHR 989 would turn Executive Order 11246 into law, requiring federal contractors and subcontractors to follow its equal employment nondiscrimination rules. This bill directly affects businesses working with the U.S. government by making these requirements legally binding. The key provision ensures the existing order has the full force of law, rather than being subject to executive changes.
Maddy summaryThis bill expands access to family and medical leave under the FMLA by reducing the required employment period from 12 months to 90 days for most workers. It also lowers the employer size threshold from "50 or more employees" to "1 or more employees," requiring nearly all employers to provide this leave. The changes specifically apply to private-sector workers, federal employees (covered under Title 5), and congressional staff, removing previous eligibility barriers. Key provisions include updating definitions in the FMLA and modifying federal employee leave rules to align with the 90-day requirement. This directly affects millions of workers who previously had to wait a full year for leave eligibility.