Jon Husted (R-OH)

INVEST Act

S. 4798 · Senate bill Government Operations and Politics

A Republican bill with no cosponsors

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

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

The "Investing in National Values, Economy, Strategy, and Tomorrow Act," or "INVEST Act," requires Federal agencies to identify and sell off their ownership stakes in private, for-profit companies. This includes stocks, partnership interests, warrants, and special governance shares. Agencies must liquidate existing stakes within 8 years of the Act's enactment. Any stakes acquired after the Act must be sold within 8 years of their acquisition. All money earned from these sales must be sent to the Treasury to pay down the national debt.

Yes· 3 of 5

  • Scored +8

    Does this reduce what the federal government owes?

    The bill explicitly requires all funds from the liquidation of federal equity stakes to be used to pay down the national debt.

  • Scored +7

    Does this make the government pay for what it commits to?

    Requiring the sale of private assets to reduce public debt promotes fiscal discipline.

  • Scored +2

    Would business owners be better off under this?

    Removing the government as a shareholder in private companies may reduce state intervention in business operations.

The opposite

  • Scored -3

    Does this give the federal government more power?

    The bill reduces federal influence and ownership in the private sector.