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H.R. 8805

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to modify rules related to rents received by real estate investment trusts from related parties.
About This Bill
Committee
Latest Action · November 20, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
November 20, 2020
Cosponsors (8)
4D 4R
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Summary

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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.

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