U.S. Congress - H.R.1147 REIT Investment Diversification and Empowerment Act of 2007
H.R.1147 - REIT Investment Diversification and Empowerment Act of 2007
To amend the Internal Revenue Code of 1986 to simplify certain provisions applicable to real estate investment trusts, and for other purposes. view all titles (2)
All Bill Titles
- Short: REIT Investment Diversification and Empowerment Act of 2007 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to simplify certain provisions applicable to real estate investment trusts, and for other purposes. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 6
- All-Time: 2,312
|
|
|
|
|
|
|
|
Committees
Official Summary
2/16/2007--Introduced.REIT Investment Diversification and Empowerment Act of 2007 - Amends Internal Revenue Code provisions relating to real estate investment trusts (REITs) to: (1) treat passive foreign exchange gains attributable to overseas real estate investment as qualifying REIT incoOfficial Summary
2/16/2007--Introduced.REIT Investment Diversification and Empowerment Act of 2007 - Amends Internal Revenue Code provisions relating to real estate investment trusts (REITs) to:
(1) treat passive foreign exchange gains attributable to overseas real estate investment as qualifying REIT income;
(2) increase from 20 to 25% the the maximum value of a REIT's total assets thay may be represented by securities of one or more taxable REIT subsidiaries;
(3) revise safe harbor rules for the excise tax penalty on certain REIT sales activities;
(4) treat rental payments made by a health care facility to a REIT as qualifying REIT income; and
(5) treat income from, and interests in, foreign-qualified REITs as qualifying REIT income and assets.
...Read the Rest
Recent News Coverage
Hmmmm, no news coverage found for this bill at this time. This means that this this bill has not yet been mentioned on a publicly-searchable news website by either its official number (for example, "H.R. 3200") or title (for example, "America's Affordable Health Choices Act of 2009"). As soon as that changes, our daily automated search across the Web will catch it and include it here. If this bill is of interest to you, you can write a letter to the editor referring to this bill by name, and if your letter is published on the Web, a link back your letter will appear here within about one day. Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build public knowledge about Congress.
Recent Blog Coverage
View All (15)
|
View Top Rated
H.R.1147: CRE Act of 2011 - U.S. Congress - OpenCongress
Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as ...
H.R.1147: Local Community Radio Act of 2009 - U.S. Congress ...
OpenCongress Summary. This bipartisan legislation and its Senate equivalent, S.592, would repeal restrictions Congress imposed on the Federal Communications Commission (FCC) in 2001 and allow them to make licenses .... Perhaps by now some of you may have h
congress supports the troops?
it seems that the ass hat thieves in congress are supporting the troops in iraq and afghanistan by passing the following urgent and critical legislation: hr 1147: congratulating the northern kentucky university women's basketball team ...
Vote on This Bill
-
Share This Bill
More Share via Email
