INVEST Act

This bill would require each federal agency to identify any ownership stakes it holds in private, for-profit companies, such as stock, partnership interests, warrants or options, special 'golden share' stock that gives governance rights, and rights to force a public offering or spin-off. Agencies would have to sell these stakes within 8 years after the law takes effect. Stakes acquired after the law takes effect would have to be sold within 8 years of when they were acquired. All money from these sales would go to the Treasury to pay down the national debt.

Full text and official record on Congress.gov

Sponsors

• Jon Husted Republican sponsor
• 0 cosponsors