HR 601 · 117th Congress · Taxation

Invest Now Act

Introduced 2021-01-28· Sponsored by Rep. Schweikert, David [R-AZ-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-01-28)

Plain Language Summary

[AI summary unavailable — showing source text] Invest Now Act This bill reduces to 5% the capital gains tax rate for property purchased in 2021 and held by the taxpayer for more than five years.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Nunes, Devin [R-CA-22]CA