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HR 2989 112th Congress House

Real Estate Jobs and Investment Act of 2011

Official title: To amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investments in United States real p… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investments in United States real property interests, and for other purposes.

Introduced: June 29, 2012 See on congress.gov
Taxation Financial services and investmentsReal estate businessSecuritiesTaxation of foreign incomeU.S. and foreign investments
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2011
Referred to the House Committee on Ways and Means.
Sep 21, 2011
Introduced in House
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 Latest action September 21, 2011

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Real Estate Jobs and Investment Act of 2011 - Amends the Internal Revenue Code to increase from 5% to 10% the allowable ownership interest in real estate investment trust (REIT) stock for purposes of tax exemptions allowed by the Foreign Investment in Real Property Tax Act relating to foreign investment in United States real property interests.

 Related & companion bills 1
  • S 1616 Related bill Real Estate Investment and Jobs Act of 2011
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 16
All 16 Democratic 5 Republican 1
Garrett, Scott
· Dec 3, 2012
 D
Larson, John B.
Connecticut · Aug 1, 2012
 R
Sessions, Pete
Texas · Jun 29, 2012
 D
Van Hollen, Chris
Maryland · Jun 29, 2012
Paulsen, Erik
· May 30, 2012
 D
Himes, James A.
Connecticut · May 11, 2012
Price, Tom
· May 11, 2012
Reichert, David
· Apr 24, 2012
 D
Welch, Peter
Vermont · Apr 19, 2012
JOHNSON, SAM
· Mar 29, 2012
Roskam, Peter
· Mar 19, 2012
 D
Thompson, Mike
California · Mar 19, 2012
Jenkins, Lynn
· Nov 18, 2011
BERKLEY, SHELLEY
· Sep 21, 2011
CROWLEY, JOSEPH
· Sep 21, 2011
TIBERI, PATRICK
· Sep 21, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2989: Real Estate Jobs and Investment Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2989/
MLA
"H.R. 2989: Real Estate Jobs and Investment Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2989/.
Bluebook (legal)
H.R. 2989, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2989/.
Markdown link
[H.R. 2989: Real Estate Jobs and Investment Act of 2011](https://openamerica.io/bill/112-HR-2989/)
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