HR 4539
111th Congress
House
Taxation
Capital gains tax
Foreign and international corporations
Income tax rates
Interest, dividends, interest rates
Real estate business
Taxation of foreign income
U.S. and foreign investments
Real Estate Revitalization Act of 2010
Introduced: January 27, 2010
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 2010
Referred to the House Committee on Ways and Means.
Jan 27, 2010
Introduced in House
Plain-English summary
Real Estate Revitalization Act of 2010 - Amends the Internal Revenue Code, with respect to foreign investment in United States real property, to: (1) redefine "United States real property interest" to eliminate exclusions relating to interests in holding corporations; (2) treat distributions of real property interests by a real estate investment trusts (REIT) or a regulated investment company (RIC) as ordinary dividends; and (3) repeal the election allowed to foreign corporations to be treated as a domestic corporation for purposes of investment in a United States real property interest.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1