Jesse Criz

1 month ago | jdsupra.com | Nicole Brennig |Jesse Criz |John Cusack

On May 22, 2025, the House of Representatives passed a tax bill with some limited amendments (House Tax Bill). The House Tax Bill will now head to the Senate, where additional amendments could be made. Below, we outline five key takeaways and the bill’s potential impact on fund sponsors, investors, and the broader asset management community. 1.

1 month ago | jdsupra.com | Nicole Brennig |Jesse Criz |John Cusack

On May 12, 2025, the House Committee on Ways and Means Chairman Jason Smith (R-MO) released an amended 389-page bill, entitled “The One, Big, Beautiful Bill,” and the staff of the Joint Committee on Taxation released a companion report (JCT report). Chairman Smith had released a 28-page tax bill on May 9, 2025. Below, we highlight the top four takeaways and their potential impact on fund sponsors, investors, and the broader asset management community. 1.

1 month ago | jdsupra.com | Nicole Brennig |Jesse Criz |John Cusack

On May 9, 2025, House Committee on Ways and Means Chairman Jason Smith (R-MO) released a proposed 28-page tax bill, which is scheduled for markup by the House Committee on Ways and Means on May 13, 2025. Below, we highlight the top three takeaways and their potential impact on fund sponsors, investors, and the broader asset management community. 1.