H.R. 4102

119th CONGRESS 1st Session

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.

IN THE HOUSE OF REPRESENTATIVES · June 24, 2025 · Sponsor: Mr. Hill of Arkansas · Committee: Committee on Ways and Means

Table of contents

• H.R. 4102
  • SEC. 1. Short title
  • SEC. 2. Rate of tax on adjusted net capital gain not to exceed 15 percent

SEC. 1. Short title

• This Act may be cited as the or the .

SEC. 2. Rate of tax on adjusted net capital gain not to exceed 15 percent

• (a) In general
  • of the Internal Revenue Code of 1986 is amended— Section 1(h)(1)
    • by striking subparagraph (D) and redesignating subparagraphs (E) and (F) as subparagraphs (D) and (E), respectively, and
      • 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),
    • by amending subparagraph (C) to read as follows:
• (b) Effective date
  • The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.