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HOUSE 601117th CongressReferred to the House Committee on Ways and Means.

Invest Now Act

Last Action
1/28/2021

CRS Summary

As of 2021-01-28 (00)

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.

Cosponsors (1)

  • Devin Nunes (R-CA)

Subjects

  • Capital gains tax
  • Property tax
Read on Congress.gov

Sourced from Congress.gov (public domain).

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