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To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.

H.R. 5275 Rep. Mike Kelly (R-PA-16) In committee
Bill text PDF
  1. Introduced Aug 25
  2. Committee Aug 25
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Aug 25, 2023Next: House vote
1160d ago Aug 25, 2023: Referred to the House Committee on Ways and Means.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
2companies, 3 filings
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Member trades
3trades in the last 90 days
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Companies lobbying on this bill

2 companies
Companies by sector
Real Estate 2
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Summary

This bill increases from 20% to 25% the value of the total assets represented by securities of one or more taxable Real Estate Investment Trust (REIT) subsidiaries (thus restoring the REIT subsidiary asset test).

Library of Congress summary, Aug 25, 2023

Summary versions
  • Introduced in HouseAug 25, 2023

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.