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Searching...- Bills
- S.2002
S.2002: REIT Investment Diversification and Empowerment Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Aug. 3, 2007
- Latest Major Action Aug. 3, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (5 Democrats, 6 Republicans)
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Aug. 3, 2007 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |