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<BillSummaries>
<item congress="113" measure-type="s" measure-number="1181" measure-id="id113s1181" originChamber="SENATE" orig-publish-date="2013-06-18" update-date="2013-07-02">
<title>Real Estate Investment and Jobs Act of 2013</title>
<summary summary-id="id113s1181v00" currentChamber="SENATE" update-date="2013-07-02">
<action-date>2013-06-18</action-date>
<action-desc>Introduced in Senate</action-desc>
<summary-text><![CDATA[<p>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.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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</BillSummaries>
