Legis Daily

Retail Revitalization Act of 2020

USA116th CongressHR-8805| House 
| Updated: 11/20/2020
Bradley Scott Schneider

Bradley Scott Schneider

Democratic Representative

Illinois

Cosponsors (8)
Darin LaHood (Republican)Terri A. Sewell (Democratic)Jackie Walorski (Republican)Thomas R. Suozzi (Democratic)Donald S. Beyer (Democratic)Linda T. Sánchez (Democratic)George Holding (Republican)Vern Buchanan (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Retail Revitalization Act of 2020 This bill modifies rules related to rents received by real estate investment trusts (REITs) from related parties. It increases the permissible stock ownership and constructive stock ownership percentage in a REIT to 50% and modifies rules for taxable REIT subsidiaries.
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Timeline
Nov 20, 2020
Introduced in House
Nov 20, 2020
Referred to the House Committee on Ways and Means.
  • November 20, 2020
    Introduced in House
  • November 20, 2020
    Referred to the House Committee on Ways and Means.

Taxation

Financial services and investmentsReal estate businessSecurities

Retail Revitalization Act of 2020

USA116th CongressHR-8805| House 
| Updated: 11/20/2020
Retail Revitalization Act of 2020 This bill modifies rules related to rents received by real estate investment trusts (REITs) from related parties. It increases the permissible stock ownership and constructive stock ownership percentage in a REIT to 50% and modifies rules for taxable REIT subsidiaries.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 20, 2020
Introduced in House
Nov 20, 2020
Referred to the House Committee on Ways and Means.
  • November 20, 2020
    Introduced in House
  • November 20, 2020
    Referred to the House Committee on Ways and Means.
Bradley Scott Schneider

Bradley Scott Schneider

Democratic Representative

Illinois

Cosponsors (8)
Darin LaHood (Republican)Terri A. Sewell (Democratic)Jackie Walorski (Republican)Thomas R. Suozzi (Democratic)Donald S. Beyer (Democratic)Linda T. Sánchez (Democratic)George Holding (Republican)Vern Buchanan (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Financial services and investmentsReal estate businessSecurities