H.R.5901 - Real Estate Jobs and Investment Act of 2010

To amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investment in United States real property interests, and for other purposes. view all titles (4)

All Bill Titles

  • Short: Real Estate Jobs and Investment Act of 2010 as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to exempt certain stock of real estate investment trusts from the tax on foreign investment in United States real property interests, and for other purposes. as introduced.
  • Short: Real Estate Jobs and Investment Act of 2010 as passed house.
  • Official: An act to amend the Internal Revenue Code of 1986 to authorize the tax court to appoint employees. as amended by senate.

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Bill’s Views

  • Today: 2
  • Past Seven Days: 5
  • All-Time: 3,665
 
Introduced
 
House
Passed
 
Senate
Passed
 
President
Signs
 

 
07/27/10
 
07/30/10
 
12/16/10
 
 
 

 

Latest Vote

Result: Passed - July 30, 2010

Roll call number 502 in the House

Question: On Motion to Suspend the Rules and Pass: H R 5901 Real Estate Jobs and Investment Act of 2010

 

Official Summary

7/30/2010--Passed House without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Real Estate Jobs and Investment Act of 2010 - Amends the Internal Revenue Code to: (1) increase from 5% to 10% the allowable ownership inter

Official Summary

7/30/2010--Passed House without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Real Estate Jobs and Investment Act of 2010 - Amends the Internal Revenue Code to:
(1) 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; and
(2) allow an exception to the requirement of notice and opportunity for a hearing prior to a tax levy for any continuous tax levy issued after December 31, 2010, involving a federal contractor. Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.

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Organizations Supporting H.R.5901

  • National Association of Real Estate Investment Trusts

Organizations Opposing H.R.5901

  • None via MapLight at this time.




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