A bill to amend the Internal Revenue Code of 1986 to increase the percentage limitation on assets of real estate investment trusts which may be held in taxable REIT subsidiaries.

This bill would change the tax code to allow real estate investment trusts (REITs), which are companies that own and manage real estate or real estate loans, to hold a larger share of their assets in certain subsidiaries that pay regular corporate taxes. No official summary is available for this bill.

Your Vote