US SB1181 | 2013-2014 | 113th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 25-16)
Status: Introduced on June 18 2013 - 25% progression, died in committee
Action: 2013-06-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 18 2013 - 25% progression, died in committee
Action: 2013-06-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
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.
Title
Real Estate Investment and Jobs Act of 2013
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-06-18 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2870 (Related) 2013-07-31 - Referred to the House Committee on Ways and Means.
HB5487 (Related) 2014-09-16 - Referred to the House Committee on Ways and Means.
HB5487 (Related) 2014-09-16 - Referred to the House Committee on Ways and Means.
Subjects
Financial services and investments
Real estate business
Securities
Taxation
Taxation of foreign income
U.S. and foreign investments
Real estate business
Securities
Taxation
Taxation of foreign income
U.S. and foreign investments
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/senate-bill/1181/all-info |
| Text | https://www.congress.gov/113/bills/s1181/BILLS-113s1181is.pdf |
