3.0.0 6317 2023-01-11T13:21:31Z 2023-01-11T13:21:31Z House H HR 2010-09-29 111 hswm00 Ways and Means Committee House Standing Referred to 2010-09-29T14:13:20Z hsba00 Financial Services Committee House Standing Referred to 2010-09-29T14:13:15Z 2010-09-29 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-09-29 Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2010-09-29 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-09-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-09-29 Introduced in House IntroReferral 1000 9 Library of Congress B000755 Rep. Brady, Kevin [R-TX-8] KEVIN BRADY R TX 8 N Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Business investment and capital Business records Civil actions and liability Credit and credit markets Government information and archives Government studies and investigations Housing finance and home ownership Income tax deductions Industrial facilities Real estate business Finance and Financial Sector 00 2010-09-29 Introduced in House 2010-11-06T14:33:50Z Investment in Commercial Real Estate Act of 2010 - Exempts servicers of commercial mortgage loans from liability for entering into a loan modification or workout plan if certain requirements are met.

Amends the Internal Revenue Code to: (1) reduce the recovery period for depreciation of residential rental and nonresidential real property (thus accelerating such depreciation); and (2) extend from two to five years the carryback period for deducting net operating losses.

Requires federal banking agencies to implement a system of dynamic provisioning for investment and loan loss reserves that meets specified requirements and is applicable to all depository institutions before January 1, 2011.

Requires depository institutions that make or hold permanent commercial mortgage loans to submit to the Board of Governors of the Federal Reserve System in each calendar quarter the aggregate amount of permanent commerical mortgage loans that matured during the quarter but did not fully amortize, were current prior to maturity, had adequate cash flows to continue paying interest and principal, and were not renewed at maturity or were renewed at a lower principal balance. Terminates this requirement after March 31, 2013.

Requires the Secretary of the Treasury to conduct a study and report to Congress on commercial mortgage credit.

]]> Investment in Commercial Real Estate Act of 2010 Display Title Investment in Commercial Real Estate Act of 2010 Official Title as Introduced To amend Federal law, including the Internal Revenue Code of 1986, to reform and encourage investment in commercial real estate, and for other purposes. Introduced in House IH Short Titles as Introduced Investment in Commercial Real Estate Act of 2010 Introduced in House 2010-09-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6317ih/xml/BILLS-111hr6317ih.xml 2010-09-29 Referred to House Ways and Means text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.