House Bill 840
117th Congress(2021-2022)
Retail Revitalization Act of 2021
Introduced
Introduced in House on Feb 4, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
840
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Retail Revitalization Act of 2021
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.
February 4, 2021
02/04/2021
Referred to the House Committee on Ways and Means.
02/04/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:46:53 PM