# 116-hr-7787: Invest Now Act

116-hr-7787, Invest Now Act, is a 116th Congress bill sponsored by Rep. Schweikert, David [R-AZ-1] (R-AZ); status Referred to the Subcommittee on Trade. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7787
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7787
- Congress: 116
- Title: Invest Now Act
- Status: Referred to the Subcommittee on Trade.
- Introduced: 2020-07-24
- Sponsor: Rep. Schweikert, David [R-AZ-1] (R-AZ)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (1)

- Rep. Nunes, Devin [R-CA-22] (R-CA), 2020-07-24T00:00:00.000Z

## Related bills

- 116-hr-7278: JUSTICE Act
- 116-hr-6821: Small Business Expense Protection Act of 2020
- 116-hr-6742: Protecting Life in Crisis Act
- 116-hr-5826: Consumer Protections Against Surprise Medical Bills Act of 2020
- 116-hr-19: Lower Costs, More Cures Act of 2019
- 116-hr-4305: PAWS for Veterans Therapy Act

## Sources
- [116-hr-7787 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7787)

## Related
- [116-hr-7278: JUSTICE Act](https://policyrisk.com/legislation/116-hr-7278)
- [116-hr-6821: Small Business Expense Protection Act of 2020](https://policyrisk.com/legislation/116-hr-6821)
- [116-hr-6742: Protecting Life in Crisis Act](https://policyrisk.com/legislation/116-hr-6742)
- [116-hr-5826: Consumer Protections Against Surprise Medical Bills Act of 2020](https://policyrisk.com/legislation/116-hr-5826)
- [116-hr-19: Lower Costs, More Cures Act of 2019](https://policyrisk.com/legislation/116-hr-19)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7787 (as of 2025-11-18).