Bills
S.1616

S.1616: Real Estate Investment and Jobs Act of 2011

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This bill was introduced in the 112th Congress
This bill is primarily about taxation
Introduced Sept. 22, 2011
Latest Major Action Sept. 22, 2011
See the one similar bills introduced in other congresses.

Bill Sponsor

Robert Menendez (D-N.J.)

Bill Cosponsors

29 (17 Democrats, 1 Independent, 11 Republicans)

Michael B. Enzi (R-Wyo.)
Charles E. Schumer (D-N.Y.)
Maria Cantwell (D-Wash.)
Benjamin L. Cardin (D-Md.)
Bill Nelson (D-Fla.)
Michael D. Crapo (R-Idaho)
Michael Bennet (D-Colo.)
Thomas R. Carper (D-Del.)
Richard M. Burr (R-N.C.)
Pat Roberts (R-Kan.)
Johnny Isakson (R-Ga.)
Mark Begich (D-Alaska)
John Thune (R-S.D.)
John Barrasso (R-Wyo.)
Ron Wyden (D-Ore.)
John Kerry (D-Mass.)
Roger Wicker (R-Miss.)
Debbie Stabenow (D-Mich.)
Christopher A. Coons (D-Del.)
Jon Tester (D-Mont.)
Kirsten E. Gillibrand (D-N.Y.)
Mark Warner (D-Va.)
John Boozman (R-Ark.)
John Cornyn (R-Texas)
Lindsey Graham (R-S.C.)
Barbara Boxer (D-Calif.)
Joseph I. Lieberman (I-Conn.)
Jeanne Shaheen (D-N.H.)
Kay Hagan (D-N.C.)

Bill Summary

Real Estate Investment and Jobs 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.

(Source: Library of Congress)

Bill Actions

Date	Description
	Sponsor introductory remarks on measure.
	Read twice and referred to the Committee on Finance.
Sept. 22, 2011	Introduced in the Senate by Robert Menendez (D-N.J.)

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Bill Summary

Introduced in the Senate by Robert Menendez (D-N.J.)