HR 7787 · 116th Congress · Taxation
Invest Now Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Trade.(2020-07-30)
Plain Language Summary
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Invest Now Act This bill reduces to 5% the capital gains tax rate for property purchased in 2020 and held by the taxpayer for more than five years.…
Summarized by Claude AI · Non-partisan · For informational purposes only