The bill would change a limit in the tax code for real estate investment trusts (REITs). It raises the share of a REIT’s assets that may be held in taxable REIT subsidiaries from 20 percent to 25 percent. The change would apply to tax years beginning after December 31, 2025.
The bill changes an asset limit for REITs and their taxable subsidiaries. The text does not describe specific effects on individuals or investors.
The bill does not specify expenses or expected tax revenue effects.
No publicly available information.
No publicly available information.