A bill to amend the Internal Revenue Code of 1986 to increase the percentage limitation on assets of real estate investment trusts which may be held in taxable REIT subsidiaries.
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Apr 8, 2025
What it does
The bill would amend the Internal Revenue Code to increase the maximum percentage of assets that a real estate investment trust (REIT) may hold in its taxable REIT subsidiaries from 20 percent to 25 percent. This change would apply to taxable years beginning after December 31, 2025. The amendment affects REITs and their taxable subsidiaries by allowing a greater share of assets to be held in those subsidiaries, which are subject to corporate income tax. The bill was introduced in the Senate and referred to the Committee on Finance.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.