US Congress House Bill 4539 (Prior Session Legislation)

---

Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: Introduced on January 27 2010 - 25% progression, died in committee
Action: 2010-01-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Real Estate Revitalization Act of 2010 - Amends the Internal Revenue Code, with respect to foreign investment in United States real property, to: (1) redefine "United States real property interest" to eliminate exclusions relating to interests in holding corporations; (2) treat distributions of real property interests by a real estate investment trusts (REIT) or a regulated investment company (RIC) as ordinary dividends; and (3) repeal the election allowed to foreign corporations to be treated as a domestic corporation for purposes of investment in a United States real property interest.

Real Estate Revitalization Act of 2010

Rep. Melissa Bean [D-IL]	Rep. Shelley Berkley [D-NV]	Rep. Joseph Crowley [D-NY]	Rep. James Himes [D-CT]
Rep. Carolyn Maloney [D-NY]	Rep. Randy Neugebauer [R-TX]	Rep. Linda Sanchez [D-CA]	Rep. Patrick Tiberi [R-OH]

Date	Chamber	Action
2010-01-27		Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/4539/all-info
Text	https://www.congress.gov/111/bills/hr4539/BILLS-111hr4539ih.pdf