Legis Daily

Invest Now Act

USA117th CongressHR-601| House 
| Updated: 1/28/2021
David Schweikert

David Schweikert

Republican Representative

Arizona

Cosponsors (1)
Devin Nunes (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 116-7787
Invest Now Act
Jan 28, 2021
Introduced in House
Jan 28, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-7787
    Invest Now Act


  • January 28, 2021
    Introduced in House


  • January 28, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Capital gains taxProperty tax

Invest Now Act

USA117th CongressHR-601| House 
| Updated: 1/28/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-7787
Invest Now Act
Jan 28, 2021
Introduced in House
Jan 28, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-7787
    Invest Now Act


  • January 28, 2021
    Introduced in House


  • January 28, 2021
    Referred to the House Committee on Ways and Means.
David Schweikert

David Schweikert

Republican Representative

Arizona

Cosponsors (1)
Devin Nunes (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Capital gains taxProperty tax