HR 2870
113th Congress
House
Taxation
Financial services and investments
Real estate business
Securities
Taxation of foreign income
U.S. and foreign investments
Real Estate Investment and Jobs Act of 2013
Introduced: July 31, 2013
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 2013
Referred to the House Committee on Ways and Means.
Jul 31, 2013
Introduced in House
Plain-English summary
Real Estate Investment and Jobs Act of 2013 - 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1