Bill116th CongressFiled Nov 20, 2020Taxation
H.R. 8805
Retail Revitalization Act of 2020
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Nov 20, 2020)
Retail Revitalization Act of 2020
This bill modifies rules related to rents received by real estate investment trusts (REITs) from related parties. It increases the permissible stock ownership and constructive stock ownership percentage in a REIT to 50% and modifies rules for taxable REIT subsidiaries.
What just happenedNov 20, 2020
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Schneider, Bradley Scott [D-IL-10](D-IL)Sponsor
8 cosponsors4 D4 R
8cosponsors1committees3actions3subjects
- Introduced in HouseNov 20, 2020
- Nov 20, 2020IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Nov 20, 2020IntroReferralIntro-H
Introduced in House
- Nov 20, 2020IntroReferral1000
Introduced in House