HR 2870 · 113th Congress · Taxation

Real Estate Investment and Jobs Act of 2013

Introduced 2013-07-31· 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.(2013-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Real Estate Investment and Jobs Act of 2013 - 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)

10 Democrats10 Republicans
Rep. Crowley, Joseph [D-NY-14]NY
Rep. Jenkins, Lynn [R-KS-2]KS
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Rangel, Charles B. [D-NY-13]NY
Rep. Roskam, Peter J. [R-IL-6]IL
Rep. Pascrell, Bill, Jr. [D-NJ-9]NJ
Rep. Van Hollen, Chris [D-MD-8]MD
Rep. Johnson, Sam [R-TX-3]TX
Rep. Larson, John B. [D-CT-1]CT
Rep. Sessions, Pete [R-TX-32]TX
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Kind, Ron [D-WI-3]WI
Rep. King, Peter T. [R-NY-2]NY
Rep. Schock, Aaron [R-IL-18]IL
Rep. Garrett, Scott [R-NJ-5]NJ
Rep. Welch, Peter [D-VT-At Large]VT
Rep. Neal, Richard E. [D-MA-1]MA
Rep. Nunes, Devin [R-CA-22]CA
Rep. Renacci, James B. [R-OH-16]OH
Rep. Sánchez, Linda T. [D-CA-38]CA