Bill117th CongressFiled Feb 4, 2021Taxation
H.R. 840
Retail Revitalization Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Feb 4, 2021)
Retail Revitalization Act of 2021
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 happenedFeb 4, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Schneider, Bradley Scott [D-IL-10](D-IL)Sponsor
23 cosponsors14 D9 R
23cosponsors1committees3actions3subjects
- Introduced in HouseFeb 4, 2021
- Feb 4, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Feb 4, 2021IntroReferralIntro-H
Introduced in House
- Feb 4, 2021IntroReferral1000
Introduced in House