HR 2989 · 112th Congress · Taxation

Real Estate Jobs and Investment Act of 2011

Introduced 2011-09-21· Sponsored by Rep. Brady, Kevin [R-TX-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-09-21)

Plain Language Summary

[AI summary unavailable — showing source text] Real Estate Jobs and Investment Act of 2011 - 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

11 Democrats9 Republicans
Rep. Crowley, Joseph [D-NY-7]NY
Rep. Tiberi, Patrick J. [R-OH-12]OH
Rep. Berkley, Shelley [D-NV-1]NV
Rep. Jenkins, Lynn [R-KS-2]KS
Rep. Pascrell, Bill, Jr. [D-NJ-8]NJ
Rep. Stark, Fortney Pete [D-CA-13]CA
Rep. Schock, Aaron [R-IL-18]IL
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Roskam, Peter J. [R-IL-6]IL
Rep. Thompson, Mike [D-CA-1]CA
Rep. Johnson, Sam [R-TX-3]TX
Rep. Welch, Peter [D-VT-At Large]VT
Rep. Reichert, David G. [R-WA-8]WA
Rep. Clarke, Hansen [D-MI-13]MI
Rep. Price, Tom [R-GA-6]GA
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Himes, James A. [D-CT-4]CT
Rep. Kind, Ron [D-WI-3]WI
Rep. Paulsen, Erik [R-MN-3]MN
Rep. Rangel, Charles B. [D-NY-15]NY