H.R. 7787 · 116th Congress
Invest Now Act
- Stage
- In committee
- Sponsor
- David Schweikert
- Introduced
- 2020-07-24
- Latest action
- 2020-07-30 · Referred to the Subcommittee on Trade.
Summary
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.