Homeland Security and Governmental Affairs Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
This bill requires federal agencies to identify and liquidate their equity stakes in private, for-profit companies. It broadly defines "covered equity investments" to include common or preferred stock, economic interests, warrants, options, and special "golden shares" that confer enhanced governance rights. Agencies are mandated to sell these identified investments within eight years of the bill's enactment. For any such investments acquired after the bill's enactment, liquidation must occur within eight years of their acquisition. All funds generated from these liquidations must be transferred to the Treasury Department, with the explicit purpose of being used to pay down the national debt .
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Government Operations and Politics
INVEST Act
USA119th CongressS-4798| Senate
| Updated: 6/16/2026
This bill requires federal agencies to identify and liquidate their equity stakes in private, for-profit companies. It broadly defines "covered equity investments" to include common or preferred stock, economic interests, warrants, options, and special "golden shares" that confer enhanced governance rights. Agencies are mandated to sell these identified investments within eight years of the bill's enactment. For any such investments acquired after the bill's enactment, liquidation must occur within eight years of their acquisition. All funds generated from these liquidations must be transferred to the Treasury Department, with the explicit purpose of being used to pay down the national debt .