Summary: H.R.7787 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.7787. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (07/24/2020)

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.