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.

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

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.

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

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