HOUSE 5275118th CongressReferred to the House Committee on Ways and Means.
To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.
- Last Action
- 8/25/2023
Actions
- 2023-08-25Referred to the House Committee on Ways and Means.
- 2023-08-25Introduced in House
- 2023-08-25Introduced in House
CRS Summary
As of 2023-08-25 (00)
This bill increases from 20% to 25% the value of the total assets represented by securities of one or more taxable Real Estate Investment Trust (REIT) subsidiaries (thus restoring the REIT subsidiary asset test).
Cosponsors (20)
- Brian Higgins (D-NY)
- Claudia Tenney (R-NY)
- Jimmy Panetta (D-CA)
- Gregory Murphy (R-NC)
- Carol Miller (R-WV)
- Blake Moore (R-UT)
- Gwen Moore (D-WI)
- Darin LaHood (R-IL)
- Linda Sánchez (D-CA)
- DANNY DAVIS (D-IL)
- JOHN LARSON (D-CT)
- Bradley Schneider (D-IL)
- Terri Sewell (D-AL)
- Suzan DelBene (D-WA)
- WILLIAM PASCRELL (D-NJ)
- Brian Fitzpatrick (R-PA)
- Vern Buchanan (R-FL)
- Kevin Hern (R-OK)
- Beth Van Duyne (R-TX)
- David Schweikert (R-AZ)
Sourced from Congress.gov (public domain).
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