Summary: H.R.8805 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.8805. Bill summaries are authored by CRS.

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Introduced in House (11/20/2020)

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.