Real Estate Investment Trust Improvement Act of 2003

Fact Sheet API

Bill Number

HR 1890

Introduced

Apr 30, 2003

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Aliens Commerce Corporation taxes Corporations Debt Dividends Finance and Financial Sector Foreign corporations Foreign Trade and International Finance Futures trading Government Operations and Politics Government paperwork Government publicity Government securities Income tax Interest Land transfers Leases Loan defaults Loans Lumber trade Partnerships Real estate investment Rent Securities Stockholders Stocks Subsidiary corporations Tax administration Tax deductions Tax penalties Tax returns Taxation

Full Text

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Votes

Summary

Real Estate Investment Trust Improvement Act of 2003 - Amends the Internal Revenue Code to revise real estate investment trust (REIT) provisions respecting: (1) straight debt safe harbor; (2) limited rental exception; (3) customary services exception; (4) hedging instruments; (5) prohibited transaction safe harbor; (6) distributions attributable to gain from sales or exchanges of U.S. real property interests; and (7) rules of application for asset requirements and limitations.

Actions

Apr 30, 2003

Referred to the House Committee on Ways and Means.
Apr 30, 2003

Introduced in House

Amendments

Related Bills