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H.R. 4102

U.S. House•In House Committee

Summary

H.R. 4102, the RISE Act, was introduced in the House on Jun 24, 2025 by Rep. French Hill (R) with 5 co-sponsors. It was referred to Ways And Means, and last saw action on Jun 24, 2025: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 4102 has 5 co-sponsors.

hb4102/introduced-in-house.txt
119 HR 4102 IH: Revitalizing Investment, Savings, and Entrepreneurship Act
 U.S. House of Representatives
 2025-06-24
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 4102  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.
1.
Short title
This Act may be cited as the   Revitalizing Investment, Savings, and Entrepreneurship Act   or the   RISE Act  .
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.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-06-24
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

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.

Sponsors

Rep. French Hill (R) sponsors H.R. 4102, and 5 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 4102 went before 1 committee: Ways and Means.

Ways and Means
Ways and Means
Referred To · Jun 24, 2025 · 1,160 Bills

Actions

H.R. 4102 has taken 2 actions since Jun 24, 2025.

ChamberAction
Jun 24, 2025
House
Introduced in House
Jun 24, 2025
House
Referred to the House Committee on Ways and Means.Ways and Means Committee

Votes

H.R. 4102 has not gone to a roll call.

Titles

H.R. 4102 goes by 4 titles, 2 of them short titles.

  • RISE Act — Display Title
  • RISE Act — Short Title(s) as Introduced
  • Revitalizing Investment, Savings, and Entrepreneurship Act — Short Title(s) as Introduced
  • 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. — Official Title as Introduced

Classification

The Congressional Research Service files H.R. 4102 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 4102’s is Taxation.

hr4102/policy-areas.txt
TaxationAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com