A bill to amend the Internal Revenue Code of 1986 to increase the percentage limitation on assets of real estate investment trusts which may be held in taxable REIT subsidiaries.

This bill increases the maximum percentage of a Real Estate Investment Trust's (REIT) assets that can be held in taxable subsidiary companies from 20% to 25%. It directly affects REITs by allowing them to allocate a larger portion of their investments to these subsidiary entities, which operate under different tax rules. The key provision amends the Internal Revenue Code to change the asset limit percentage, effective for taxable years starting after December 31, 2025. This adjustment provides REITs with slightly more flexibility in structuring their investments.