,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bhhe  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ca1 #bjac ,mr4
 ,fleischmann introduced the following  
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to temporarily exclude  
capital gain from gross income4  #a4    
,short title ,this ,act may be cited as 
the ,growing ,jobs ,through ,capital    
,act of #bjac4  #b4 ,two-year capital   
gains tax relief  7a7 ,in general ,part 
,i of subchapter ,p of chapter #a of the
 ,internal ,revenue ,code of #aihf      
7relating to treatment of capital gains7
 is amended by adding at the end the    
following new section3  #abjc4 ,two-year
 exclusion of gain from sale of capital 
assets  7a7 ,in general ,gross income   
shall not include gain from the sale or 
exchange of an asset which is a capital 
asset in the hands of the taxpayer4  7b7
 ,termination ,subsection 7a7 shall not 
apply to any sale or exchange later than

 #b years after the date of the         
enactment of this section4  4  7b7      
,clerical amendment ,part ,i of         
subchapter ,p of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by adding at the end the        
following new item3  ,sec4 #abjc4       
,two-year exclusion of gain from sale of
 capital assets4  4  7c7 ,effective date
 ,the amendments made by this section   
shall apply to sales or exchanges after 
the date of the enactment of this ,act1 
in taxable years ending after such date4