3.0.0 8805 2023-01-11T13:44:15Z 2023-01-11T13:44:15Z House HR 2020-11-20 116 [Congressional Record Volume 166, Number 198 (Friday, November 20, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SCHNEIDER:H.R. 8805.Congress has the power to enact this legislation pursuantto the following:Article I[Page H6016]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-11-20T14:02:00Z 2020-11-20 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-11-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-11-20 Introduced in House IntroReferral 1000 9 Library of Congress S001190 Rep. Schneider, Bradley Scott [D-IL-10] Bradley Schneider D IL Scott 10 N L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2020-11-20 True S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2020-12-08 False S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 2020-12-09 False B001260 Rep. Buchanan, Vern [R-FL-16] Vern Buchanan R FL 16 2020-12-14 False S001156 Rep. Sánchez, Linda T. [D-CA-38] Linda Sánchez D CA T. 38 2020-12-14 False H001065 Rep. Holding, George [R-NC-2] George Holding R NC 2 2020-12-15 False W000813 Rep. Walorski, Jackie [R-IN-2] Jackie Walorski R IN 2 2020-12-16 False B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2020-12-18 False Taxation Financial services and investments Real estate business Securities Taxation 00 2020-11-20 Introduced in House 2020-12-09T17:32:33Z 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.

]]> Retail Revitalization Act of 2020 Display Title Retail Revitalization Act of 2020 Short Title(s) as Introduced Retail Revitalization Act of 2020 Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to modify rules related to rents received by real estate investment trusts from related parties. Introduced in House IH Introduced in House 2020-11-20T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8805ih/xml/BILLS-116hr8805ih.xml 2020-11-20 Referred to the House Committee on 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.