H.R. 2870 · 113th Congress
Real Estate Investment and Jobs Act of 2013
- Stage
- In committee
- Sponsor
- Kevin Brady
- Introduced
- 2013-07-31
- Latest action
- 2013-07-31 · Introduced in House
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.