REGULATED INVESTMENT COMPANIES 1261 Tax Lawyer, Vol. 55, No. 4 REGULATED INVESTMENT COMPANIES SUBMITTED BY THE COMMITTEE ON REGULATED INVESTMENT COMPANIES: RONALD S. COHN, COMMITTEE CHAIR; THEODORE L. PRESS, SUBCOMMITTEE CO-CHAIR ON IMPORTANT DEVELOPMENTS* Proposed Legislation Partial Exclusion for Gains from Regulated Investment Companies Section 1(a) of H.R. 5471, 106th Cong. (2000), proposed section 116, which, if enacted, would have amended the Code to allow individuals to partially excllud...