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HR 601 117th Congress House Taxation Capital gains tax Property tax

Invest Now Act

Introduced: January 28, 2021 Introduced by: Schweikert, David Republican · Arizona See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 2021
Referred to the House Committee on Ways and Means.
Jan 28, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

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's happening now January 28, 2021

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 601: Invest Now Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-601/
MLA
"H.R. 601: Invest Now Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-601/.
Bluebook (legal)
H.R. 601, 117th Cong. (2026), https://openamerica.io/bill/117-HR-601/.
Markdown link
[H.R. 601: Invest Now Act](https://openamerica.io/bill/117-HR-601/)
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