Bill118th CongressFiled Aug 25, 2023Taxation
H.R. 5275
To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Aug 25, 2023)
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).
What just happenedAug 25, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Kelly, Mike [R-PA-16](R-PA)Sponsor
33 cosponsors12 D21 R
33cosponsors1committees3actions
- Introduced in HouseAug 25, 2023
- Aug 25, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Aug 25, 2023IntroReferralIntro-H
Introduced in House
- Aug 25, 2023IntroReferral1000
Introduced in House