RISE Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4102 Introduced in House (IH)]

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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.


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                    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

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                                 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 (D) and redesignating 
        subparagraphs (E) and (F) as subparagraphs (D) and (E), 
        respectively, and
            (2) by amending subparagraph (C) to read as follows:
                    ``(C) 15 percent of so much of the adjusted net 
                capital gain (or, if less, taxable income) as exceeds 
                the amount on which a tax is determined under 
                subparagraph (B),''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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