S 4798 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
To require that Federal Government equity stakes in private companies be liquidated to pay down the debt, and for other purposes.
Summary
- Requires federal agencies to identify all equity investments (stocks, options, warrants, partnership interests, governance-enhancing instruments) in privately owned for-profit companies
- Mandates liquidation of identified equity investments within 8 years of enactment or 8 years after acquisition if acquired later
- Requires proceeds from liquidation to be transmitted to the Treasury for paying down the national debt
- Applies to covered equity investments defined as shares, economic interests, options, warrants, golden shares, and contractual rights to require public offerings or similar transactions
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Husted, Jon [R-OH] (R-OH)
Actions (2)
- Jun 16, 2026 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. · senate
- Jun 16, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
June 16, 2026
Mr. Husted introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs
A BILL
To require that Federal Government equity stakes in private companies be liquidated to pay down the debt, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Investing in National Values, Economy, Strategy, and Tomorrow Act” or the “INVEST Act”.
SEC. 2. LIQUIDATION REQUIREMENT.
(a) Identification.—Each Federal agency shall identify each covered equity investment described in subsection (b) held by the Federal agency in any privately owned, for-profit company.
(b) Covered Equity Investment Described.—A covered equity investment described in this subsection includes the following:
(1) Shares of common or preferred stock.
(2) Economic, partnership, or membership interests.
(3) Warrants, options, or other rights to acquire any such interest, whether or not currently exercisable.
(4) Any “golden share” special class of stock, or other instrument that confers board seats, veto rights, or other enhanced governance rights.
(5) Any contractual right to require an initial public offering, spin-off, or similar transaction for the purpose of acquiring an ownership interest.
(c) Liquidation Required.—
(1) In general.—Not later than 8 years after the date of enactment of this Act, each Federal agency shall liquidate the covered equity investments identified by the Federal agency under subsection (a).
(2) Covered equity investments later acquired.—With respect to a covered equity investment acquired after the date of enactment of this Act, a Federal agency shall liquidate the covered equity investment not later than 8 years after the date of acquisition of the covered equity investment.
(d) Use of Funds.—The head of each Federal agency liquidating a covered equity investment pursuant to subsection (c) shall transmit all amounts from such liquidation to the Treasury, to be used to pay down the national debt. <all>
Comments