H.R.8805: Retail Revitalization Act of 2020

About This Bill

Bill Version

Bill Summary

Retail Revitalization Act of 2020 This bill modifies rules related to rents received by real estate investment trusts (REITs) from related parties. It increases the permissible stock ownership and constructive stock ownership percentage in a REIT to 50% and modifies rules for taxable REIT subsidiaries.

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 20, 2020
Referred to the House Committee on Ways and Means.
Nov. 20, 2020

Introduced in the House by Brad Schneider (D-Ill.)

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