Bill · H.R. 4102· House(119-HR-4102)
RISE Act
- Introduced
- 6/24/2025
- Last activity
- 6/24/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- J. Hill
- Cosponsors
- - 5 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the Revitalizing Investment, Savings, and Entrepreneurship Act'' or the RISE Act,'' proposes changes to the Internal Revenue Code of 1986. It aims to amend the tax rate regarding adjusted net capital gain. Specifically, the bill seeks to ensure that the rate of tax on adjusted net capital gain does not exceed 15 percent. The proposed changes would alter subparagraph (C) of section 1(h)(1). These amendments would apply to taxable years beginning after the date the Act is enacted.
Yes· 3 of 10
Would people with substantial wealth be better off under this?+6
The cap on adjusted net capital gains directly benefits those with large investment portfolios.
Would the very wealthiest people be better off under this?+6
The tax cap provides substantial savings for the wealthiest investors.
Would billionaires be better off under this?+6
The bill reduces the tax burden on significant capital gains often held by the ultra-wealthy.
The opposite
Does this raise taxes on the highest earners?-3
The cap on capital gains rates may reduce tax revenue typically generated from high-income capital gains.
Does this reduce what the federal government owes?-2
Capping capital gains rates could lead to lower federal tax revenue, potentially increasing the deficit.
Does this make the government pay for what it commits to?-2
The potential reduction in tax revenue may impact long-term fiscal sustainability.
Who it would affect, and how
Potential Positive Impacts for People
- Tax Rate Limitation: The bill provides that the rate of tax on adjusted net capital gain does not exceed 15 percent (Section 2(a)). This could result in a specific tax rate for adjusted net capital gain that is capped at this level.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Billionaires+6Good For High Net Worth Individuals+6Good For Ultra High Net Worth Individuals+6Good For High Income Households+5Good For Business Owners+3Good For Retirees+2Good For Middle Class Households+1
- Economy And Finance
- Reduces Capital Gains Tax+5Improves Economic Growth+3Increases Job Creation+2Increases Wealthy Taxes-3Improves Fiscal Responsibility-2Reduces National Debt-2
- 7/21/2025
- 1 Cosponsor added.
- 6/25/2025
- 3 Cosponsors added.
- 6/24/2025
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Mike HaridopolosRepublican · Florida
Daniel MeuserRepublican · Pennsylvania
Gary PalmerRepublican · Alabama
Michael SimpsonRepublican · Idaho
W. SteubeRepublican · Florida