S 1181
113th Congress
Senate
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: June 18, 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
Jun 18, 2013
Read twice and referred to the Committee on Finance.
Jun 18, 2013
Introduced in Senate
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1