Congress·In Committee·S. 4798

INVEST Act

Selling Government Ownership in Private Companies

Jun 16·View on Congress.gov·Read full text

Next up: A senate committee

The INVEST Act is currently in the early stages of the legislative process. It was recently introduced in the Senate and sent to the Committee on Homeland Security and Governmental Affairs for review. The bill is actively moving as it waits for the committee to decide on its next steps.

Legislative Progress

Senate

House

President

Law

Unlikely to pass

While reducing the national debt is a popular goal, this bill is currently just a proposal in a committee and lacks the broad support needed to move forward quickly.

Key Points

This bill requires federal agencies to find and sell any ownership they have in private businesses. This includes regular stocks, partnership interests, and rights to buy shares in the future.
Agencies would have eight years to finish selling their current investments. If the government gets new shares in a company later on, it must also sell those within eight years of getting them.
All money from these sales must be sent to the Treasury Department. The law requires this money to be used specifically to pay down the national debt.
The plan aims to limit government influence over private businesses. It would end the government's ability to hold special shares that give them power over a company's board of directors or major business decisions.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Jun 16, 2026Senate

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Jun 16, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

No votes, news coverage, or related bills recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

INVEST Act

Bill NumberS 4798

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Homeland Security and Governmental Affairs.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Analysis generated by AI. Always verify with official sources.