,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #dajb  ,,in ,,the ,,house ,,of  
,,representatives  ,june #bd1 #bjbe,mr4 
,hill of ,arkansas 7for himself and ,mr4
 ,steube7 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
 provide that the rate of tax on        
adjusted net capital gain does not      
exceed #ae percent4  #a4 ,short title   
,this ,act may be cited as the          
,revitalizing ,investment1 ,savings1 and
 ,entrepreneurship ,act or the ,,rise   
,act4  #b4 ,rate of tax on adjusted net 
capital gain not to exceed #ae percent  
7a7 ,in general ,section #a7;h77#a7 of  
the ,internal ,revenue ,code of #aihf is
 amended-- 7#a7 by striking subparagraph
 7,d7 and redesignating subparagraphs   
7,e7 and 7,f7 as subparagraphs 7,d7 and 
7,e71 respectively1 and  7#b7 by        
amending subparagraph 7,c7 to read as   
follows3  7,c7 #ae percent of so much of
 the adjusted net capital gain 7or1 if  

less1 taxable income7 as exceeds the    
amount on which a tax is determined     
under subparagraph 7,b71  4  7b7        
,effective date ,the amendments made by 
this section shall apply to taxable     
years beginning after the date of the   
enactment of this ,act4