US HB8805 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on November 20 2020 - 25% progression, died in committee
Action: 2020-11-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 20 2020 - 25% progression, died in committee
Action: 2020-11-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Retail Revitalization Act of 2020
Sponsors
| Rep. Bradley Schneider [D-IL] | Rep. Darin LaHood [R-IL] | Rep. Terri Sewell [D-AL] | Rep. Thomas Suozzi [D-NY] |
| Rep. Vern Buchanan [R-FL] | Rep. Linda Sanchez [D-CA] | Rep. George Holding [R-NC] | Rep. Jackie Walorski [R-IN] |
| Rep. Don Beyer [D-VA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-11-20 | House | Referred to the House Committee on Ways and Means. |
| 2020-11-20 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/8805/all-info |
| Text | https://www.congress.gov/116/bills/hr8805/BILLS-116hr8805ih.pdf |
