Summary: H.R.6726 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.6726. Bill summaries are authored by CRS.

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Introduced in House (09/06/2018)

Invest in America Act

This bill amends the Internal Revenue Code to repeal several provision that were added by the Foreign Investment in Real Property Tax Act of 1980. The bill repeals provisions that imposed: (1) capital gains taxes on dispositions of investments in U.S. real property by foreign citizens, and (2) related tax withholding and reporting requirements.