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S. 1181

Real Estate Investment and Jobs Act of 2013

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.

Read twice and referred to the Committee on Finance.

Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
40 cosponsors24 D16 R
40cosponsors1committees2actions2related bills5subjects
  • Introduced in SenateJun 18, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Real Estate Investment and Jobs Act of 2013 — Informed