HR9841Referred to Committee

To amend the Internal Revenue Code of 1986 to modernize rules related to publicly traded partnerships, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-07-22
Introduced
0
Cosponsors
HR
ⓘ
Type

Sponsor

Mike Carey
Mike Carey
Republican · OH · Representative
Votes with party: 97.2% (635 recorded votes)

Full profile: /officials/C001126

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2026-07-22

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would update tax rules for publicly traded partnerships, which are investment structures that trade on stock exchanges and currently face special tax treatment. The changes would modernize how these partnerships are taxed and regulated to reflect modern business practices. This would primarily affect investors in these partnerships and the companies that use this business structure.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

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