Bill117th CongressFiled Jan 28, 2021Taxation
H.R. 601
Invest Now Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jan 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.
What just happenedJan 28, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Schweikert, David [R-AZ-6](R-AZ)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions2subjects
- Introduced in HouseJan 28, 2021
- Jan 28, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jan 28, 2021IntroReferralIntro-H
Introduced in House
- Jan 28, 2021IntroReferral1000
Introduced in House