U.S. Congress - H.R.2989 Real Estate Jobs and Investment Act of 2011
H.R.2989 - Real Estate Jobs and Investment Act of 2011
To amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investments in United States real property interests, and for other purposes. view all titles (2)
All Bill Titles
- Official: To amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investments in United States real property interests, and for other purposes. as introduced.
- Short: Real Estate Jobs and Investment Act of 2011 as introduced.
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Committees
Official Summary
9/21/2011--Introduced.Real Estate Jobs and Investment Act of 2011 - 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 TaOfficial Summary
9/21/2011--Introduced.Real Estate Jobs and Investment Act of 2011 - 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....Read the Rest
Organizations Supporting H.R.2989
- Association of Foreign Investors in Real Estate
Organizations Opposing H.R.2989
- None via MapLight at this time.
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