House Ways and Means Committee Advances Tax Package with Key IPA Priorities

5.14.25

The House Ways and Means Committee approved its Republican-led tax package late Thursday after more than 17 hours of debate, advancing the measure on a party-line vote of 26-19.

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The package includes several provisions aligned with IPA’s tax policy priorities, reflecting ongoing industry engagement on critical issues impacting alternative investments.

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House Republicans aim to bring the legislation to a full vote next week, though uncertainty remains around provisions related to the state and local tax (SALT) cap.

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IPA will continue to monitor the bill’s progress and provide updates as it moves to the Senate.

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