s 45820 1186113600 false 1186113600 2002 688 110 300052

8/3/2007--Introduced.<br/>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.

1186113600 2007-08-03 Fri Nov 07 16:31:01 -0600 2008 introduced 45820 'act':6 '2007':8 'reit':1 'invest':2 'empower':5 'diversif':3 51828 short introduced 45820 '1986':10 'bill':2 'code':8 'real':17 'amend':4 'estat':18 'trust':20 'applic':15 'intern':6 'invest':19 'provis':14 'purpos':24 'revenu':7 'certain':13 'simplifi':12 49264 official introduced 45820 1186113600 Fri Aug 03 00:00:00 -0500 2007 127032 H000338 1934-03-22 104 Hart Senate Office Building http://hatch.senate.gov/public/index.cfm?FuseAction=Offices.Contact 202-224-6331 Orrin 'r':4 'ut':5 'sen':1 'hatch':3,7,9 'orrin':2,6,8 M 300052 Hatch Orrin_Hatch G. Sen. Orrin Hatch [R, UT] N00009869 9149 Republican 202-224-5251 Latter Day Saints UT Orrin Hatch 2.77083333333333 http://hatch.senate.gov/public/ B001066 1931-10-23 316 Hart Senate Office Building http://bunning.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-1373 Jim 'r':4 'ky':5 'bun':3,7,9 'jim':2,6,8 'sen':1 M 300014 Bunning Jim_Bunning Sen. Jim Bunning [R, KY] N00003437 9090 Republican 202-224-4343 Roman Catholic KY Jim Bunning 2.57575757575758 http://bunning.senate.gov/public/ C000705 1948-03-12 530 Hart Senate Office Building http://conrad.senate.gov/contact/webform.cfm 202-224-7776 Kent 'd':4 'nd':5 'sen':1 'kent':2,6,8 'conrad':3,7,9 M 300026 Conrad Kent_Conrad Kent Sen. Kent Conrad [D, ND] N00004613 8327 Democrat 202-224-2043 Unitarian ND Kent Conrad 5.27777777777778 http://conrad.senate.gov C000880 1951-05-20 239 Dirksen Senate Office Building http://crapo.senate.gov/contact/email.cfm 202-228-1375 Michael 'r':4 'id':5 'sen':1 'crapo':3,7,9 'michael':2,6,8 M 300030 Crapo Michael_Crapo D. Sen. Michael Crapo [R, ID] N00006267 7548 Republican 202-224-6142 Latter Day Saints ID Mike Michael Crapo 4.80769230769231 http://crapo.senate.gov K000148 1943-12-11 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] N00000245 14004 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.64 http://kerry.senate.gov/ L000550 1955-11-23 328 Hart Senate Office Building http://landrieu.senate.gov/contact/index.cfm 202-224-9735 Mary 'd':4 'la':5 'sen':1 'mari':2,6,8 'landrieu':3,7,9 F 300063 Landrieu Mary_Landrieu L. Sen. Mary Landrieu [D, LA] N00005395 11494 Democrat 202-224-5824 Roman Catholic LA Mary Landrieu 2.02272727272727 http://landrieu.senate.gov/ R000307 1936-04-20 109 Hart Senate Office Building http://roberts.senate.gov/e-mail_pat.html 202-224-3514 Pat 'r':4 'ks':5 'pat':2,6,8 'sen':1 'robert':3,7,9 M 300083 Roberts Pat_Roberts Sen. Pat Roberts [R, KS] N00005285 8139 Republican 202-224-4774 Methodist KS Pat Roberts 4.38461538461539 http://roberts.senate.gov/ R000361 1937-06-18 531 Hart Senate Office Building http://rockefeller.senate.gov/contact/email.cfm 202-224-7665 John 'd':4 'wv':5 'jay':8 'sen':1 'john':2,6,9 'rockefel':3,7,10 M 300084 Rockefeller John_Rockefeller D. Sen. John Rockefeller [D, WV] Jay N00001685 9948 Democrat 202-224-6472 Presbyterian WV Jay John Rockefeller 1.04411764705882 http://rockefeller.senate.gov/ S001163 1955-03-02 Ken 'd':4 'co':5 'ken':2,6,8 'sen':1 'salazar':3,7,9 M 400619 Salazar Ken_Salazar Sen. Ken Salazar [D, CO] N00026892 7427 Democrat CO Ken Salazar 2.33333333333333 SenatorSalazar S001142 1952-05-25 Gordon 'smith':2,4,6 'gordon':1,3,5 M 300090 Smith Gordon_Smith Harold Gordon Smith N00007815 7145 Republican Latter Day Saints Gordon Smith 3.71428571428571 S000663 1947-02-21 154 Russell Senate Office Building http://snowe.senate.gov/webform.htm 202-224-1946 Olympia 'r':4 'sen':1 'snow':3,7,9 'olympia':2,6,8 F 300091 Snowe Olympia_Snowe J. Sen. Olympia Snowe [R, ME] N00000480 15390 Republican 202-224-5344 Greek Orthodox ME Olympia Snowe 2.72477064220183 http://snowe.senate.gov/ introduced 45820 1186113600 Fri Aug 03 00:00:00 -0500 2007 127032 action 45820 1186113600 Fri Aug 03 00:00:00 -0500 2007 128307 Sponsor introductory remarks on measure. (CR S10931-10932) action 45820 1186113600 Fri Aug 03 00:00:00 -0500 2007 127033 Read twice and referred to the Committee on Finance.