# 119-s-4798: INVEST Act

119-s-4798, INVEST Act, is a 119th Congress bill sponsored by Sen. Husted, Jon [R-OH] (R-OH); status introduced; PRIA reads it as touching household money (as of 2026-07-10).

- Canonical: https://policyrisk.com/legislation/119-s-4798
- As of: 2026-07-10
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4798
- Congress: 119
- Title: INVEST Act
- Status: introduced
- Introduced: 2026-06-16
- Sponsor: Sen. Husted, Jon [R-OH] (R-OH)
- Cosponsors: 0
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-07-10

## Summary

**Require federal agencies to liquidate equity stakes in private for‑profit companies.** This bill would impose a uniform, time‑bound divestiture requirement across federal agencies. - Federal agencies would have to identify all covered equity investments and sell them. Covered investments are defined to include shares, partnership or membership interests, warrants or options, golden shares or other governance instruments, and contractual rights tied to IPOs or spin‑offs. Liquidation would occur no later than 8 years after enactment or 8 years after any later acquisition. - Private companies that currently host federal equity would see those government stakes removed, including any golden shares or enhanced governance rights that give the government board seats or veto power. - Proceeds from sales would be transmitted to the Treasury and used to pay down the national debt. *This would channel sale proceeds to the Treasury to reduce the federal government's outstanding debt.*

## Provisions PRIA read

- Agencies must sell private company stakes: benefit, medium. If enacted, the bill would require each Federal agency to find and sell any ownership it holds in private, for‑profit companies. Covered investments would include common or preferred stock, partnership or membership interests, warrants or options, "golden shares" that give extra control, and contra…

## Related bills

- 119-s-1541: SHIPS for America Act of 2025
- 119-s-2121: SUPPORT for Patients and Communities Reauthorization Act of 2025
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-3903: Railway Safety Act of 2026
- 119-s-5154: CHAT Act 2.0

## Sources
- [119-s-4798 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4798)

## Related
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-2121: SUPPORT for Patients and Communities Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2121)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-3903: Railway Safety Act of 2026](https://policyrisk.com/legislation/119-s-3903)
- [119-s-5154: CHAT Act 2.0](https://policyrisk.com/legislation/119-s-5154)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4798 (as of 2026-07-10).
