RISE Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4102 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4102 To amend the Internal Revenue Code of 1986 to provide that the rate of tax on adjusted net capital gain does not exceed 15 percent. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 24, 2025 Mr. Hill of Arkansas (for himself and Mr. Steube) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide that the rate of tax on adjusted net capital gain does not exceed 15 percent. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Revitalizing Investment, Savings, and Entrepreneurship Act'' or the ``RISE Act''. SEC. 2. RATE OF TAX ON ADJUSTED NET CAPITAL GAIN NOT TO EXCEED 15 PERCENT. (a) In General.--Section 1(h)(1) of the Internal Revenue Code of 1986 is amended-- (1) by striking subparagraph…