Retail Revitalization Act of 2021
Summary
Retail Revitalization Act of 2021 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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
President
Introduced Feb 4, 2021
Last action Feb 4, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 4, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Feb 4, 2021
Introduced
Introduced in House
lower
1 primary · 23 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bradley Scott Schneider
DDemocratic
Co
A. Drew Ferguson IV
RRepublican
Co
Adrian Smith
RRepublican
Co
Bill Pascrell, Jr.
DDemocratic
Co
Brendan F. Boyle
DDemocratic
Co
Brian Higgins
DDemocratic
Co
Darin LaHood
RRepublican
Co
Devin Nunes
RRepublican
Co
Donald S. Beyer, Jr.
DDemocratic
Co
Dwight Evans
DDemocratic
Co
Eddie Bernice Johnson
DDemocratic
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