H.R.2870: Real Estate Investment and Jobs Act of 2013

About This Bill

Bill Cosponsors

68 (33 Democrats, 35 Republicans)

Bill Summary

Real Estate Investment and Jobs Act of 2013 - 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
July 31, 2013
Referred to the House Committee on Ways and Means.
July 31, 2013

Introduced in the House by Kevin Brady (R-Texas)

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