HR 2198 · 119th CongressIn Committeecongress.gov ↗

To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.

Share Share Share

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would change tax rules for Real Estate Investment Trusts (REITs) by bringing back a test that limits what assets their taxable subsidiaries can own. No official summary is available for this bill.

Sponsor

Rep. Kelly, Mike [R-PA-16]

R

Introduced

March 18, 2025

Policy Area

Taxation

Your Vote

Discussion (0)

Explain what is at stake in this bill.

Sign in to join the discussion.

No comments yet. Be the first.