KnowGovRepresentation. Influence. Action.
BillS 4798 · 119

A bill to require that Federal Government equity stakes in private companies be liquidated to pay down the debt, and for other purposes.

Introduced
Jun 16, 2026
Cosponsors
0
Traction
0
Last Action
Jun 16, 2026

Bill Summary

Requires the Federal Government to sell its shares in private companies to pay off debt. This process would help reduce the national debt by using the money from these sales.

Sponsored By

Jon Husted
Republican · Ohio · Senate

Bill Journey

  1. Jun 16, 2026
  2. Jun 16, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects the Federal Government and private companies it has invested in, as it would lead to the government selling its stakes in these companies, potentially changing their ownership structures and the government's financial obligations.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
IntroducedJun 16, 2026
Last UpdatedJun 16, 2026
Latest ActionRead twice and referred to the Committee on Homeland Security and Governmental Affairs.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.