H.R. 2198: To amend the Internal Revenue Code of 1986 to restore the taxable REIT subsidiary asset test.

H.R. 2198 is a federal bill in the 119th Congress. Real estate investment companies, commonly known as REITs, currently face a federal tax rule limiting the value of securities they can hold in taxable subsidiary companies to 20 percent of their total assets. Under this legislation, that limit increases to… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.